Rose Petroleum identifies ‘multiple drilling targets’ in Utah
Rose Petroleum said today that it had identified "multiple drilling targets" in the Paradox Basin, Utah, after interpreting 3D seismic data.
Rose Petroleum said today that it had identified "multiple drilling targets" in the Paradox Basin, Utah, after interpreting 3D seismic data.
Exploration, development and production company, Rose Petroleum, has announced the acquisition of data received from the seismic shoot within the Paradox Basin in the state of Utah, USA.
Rose Petroleum has granted Magellan Gold Corporation more time to gather the capital to snap-up Rose's mineral processing mill operation in San Dieguito de Arriba, State of Nayarit, Mexico and its associated assets, licenses and agreements.
Rose Petroleum today insisted that it will be able to shoot seismic in Utah on schedule despite having to resubmit its environmental assessment (EA) for the job.
Rose Petroleum has entered into a memorandum of understanding with Magellan Gold Corporation for the potential disposal of the firm's Mexican mineral processing mill.
Rose Petroleum today said the election of President Trump has given the US energy sector a "far more favorable" energy outlook.
Rose Petroleum has raised GBP800,000 to develop opportunities that have arisen in Cuba.
Rose Petroleum's chairman has stepped down after six years of service.
Rose Petroleum said the "radical and far-reaching" cost cutting it took to adapt to low oil prices has left it in a strong position maximise its oil and gas assets in the future.
Rose Petroleum has scaled back drilling plans in the United States due to market conditions and the low oil price.
Rose Petroleum has struck lucky with its State 1-34 well, in the Mancos shale. An analysis of the venture yielded positive findings which ‘correlate strongly or exceed’ the parameters of the large independent resource estimates.
Rose Petroleum has chosen the Cisco Dome region for the first of six new horizontal wells on the Mancos Shale formation in Utah. The move comes after after analysis of previous core results and it is hoped the first of the new wells will be under way by the end of 2015.
Rose Petroleum has completed drilling the State 1-34 Mancos Well in Utah. The was spudded at the end of last year and has now been mobilised to to verify the the value of the discovered hydrocarbon.