Rose Petroleum buys more acreage in Utah
3rd Nov 2014 14:54
US oil group Rose Petroleum has bought more exploration land in eastern Utah in the US for about $188,000. Rose said its wholly owned subsidiary Rose Petroleum (Utah) LLC had acquired an additional 4,004.83 gross acres from the State of Utah and private owners within its Mancos development area. It
Read moreFriday broker round-up UPDATE
10th Oct 2014 09:42
British American Tobacco: Goldman Sachs reduces target price from 3530p to 3250p downgrading to sell. Brown (N) Group: UBS cuts target price from 490p to 445p leaving its buy recommendation unchanged. Diageo: Goldman Sachs reduces target price from 2030p to 1925p and keeps a neutral rating. Dixons
Read moreFriday broker round-up UPDATE
20th Jun 2014 09:46
Berkeley Group: Credit Suisse ups target price from 2506p to 2550p reiterating a neutral rating. Crest Nicholson: Jefferies takes target price from 419p to 434p and maintains a buy recommendation. Debenhams: Investec lowers target price from 64p to 62p retaining a sell recommendation. Infinis: De
Read moreRose Petroleum shares soar on Utah asset analysis
23rd May 2014 12:20
Shares in Rose Petroleum more than doubled in value on Friday morning after the group revealed strong economic analysis and reserve reports for its projects in Utah. The reserve report showed that the Mancos and Paradox oil and gas projects, in which Rose, through its Utah subsidiary, holds a 75%
Read moreFriday broker round-up UPDATE
23rd May 2014 09:53
Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its
Read moreRose Petroleum's fourth quarter revenue rises
20th Mar 2014 15:24
Rose Petroleum's revenue in the fourth quarter increased as the group bought three oil and gas licences in Germany. Total revenue came to $2.43m in period from October 1st to December 31st, up from $2.41m a year earlier. The oil and gas company, which also mines gold and silver in Mexico, acquired
Read moreRose Petroleum rockets after acquisition of 3Legs assets in Germany
21st Jan 2014 17:30
The share price of AIM-listed Rose Petroleum soared on Tuesday after the oil, gas and mining company got its hands on two hydrocarbon licences in south-west Germany through the acquisition of Parkyn Energy Germany. Rose, formerly known as VANE Minerals, purchased the assets from AIM per 3Legs Resou
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