Rose Petroleum acquire extra acreage in Paradox basin, Utah - Rose Petroleum (LON:ROSE) is acquiring more acreage in the Paradox shale basin, in Utah, as part of its existing farm-in deal. The deal, initially agreed in March, sees Rose take a 75% stake in a package of leases spanning 195,000 acres in Grand and Emery Counties, Utah. A further 35,000 acres have now been added to the venture, taking the total lease position to 230,000 acres. Rose said the newly added are... ow.ly/2GMFj9
Posted on: Fri, 16 May 2014 07:27:35 +0000
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