Rose Petroleum plc (Ticker: ROSE) OIL & GAS AND MINING EXPLORATION EnerCom's The London Oil & Gas Conference 6 www.rosepetroleum.com www.rosepetroleum.com
Introduction Rose Petroleum plc (AIM Ticker: ROSE), is primarily focused on unconventional oil & gas exploration and production in the United States Rose has a highly experienced oil & gas team with extensive experience in both…
Oil & Gas Overview August 2013, Rose Petroleum raised additional capital in order to allow it to pursue significant new oil & gas assets September 2013, Rose announced the appointment of its new oil & gas technical team. This team is…
Corporate Profile Capital Structure Share price chart as of 6th June 2014 Share price 3.42p Shares in issue 793m Market cap 27.12m www.rosepetroleum.com www.rosepetroleum.com 5
Organization Strengths 1. Technical and Management Team 2. Political and Environmental In order to successfully pursue prospective oil & gas Our oil & gas team has successfully navigated the projects, Rose has built a technical oil &…
Key Investment Drivers The key investment drivers are the same for any investment decision as the basic desires of all investors are generally the same. Personnel - Track record of repeatedly delivering successful results Over 40…
Key Management CEO Matthew Idiens Operation Director (O&G) Kelly Scott 20 years experience in the natural resources sector 40+ years of experience in onshore and offshore oil & gas Co-founder and Director of Hummingbird Resources plc…
Track Record Highlights Acquired and Divested of over 1.2 MM acres of U.S. oil & gas assets Over 250,000 acres in Uinta Basin and over 100,000 acres in Paradox Basin Discovered and developed over 250 BCFGE in Uinta and Paradox…
U.S. Assets Located in the Uinta and Paradox Basins of eastern Utah, USA Rose owns a 75% working interest in 230,000 acres, including one shut-in well, and is the designated Operator Both the Uinta and Paradox Basins are major oil &…
Mancos Shale Stratigraphically equivalent to the Niobrara Formation Northwest Colorado Mancos Northeast Colorado Niobrara in northeast Colorado, as well as, the Eagle Ford Eastern Utah Formation in south Texas (among two of the…
Mancos Shale Mancos Decline Curve (30 years) Numerous existing producing wells adjacent to Roses leases have been completed as vertical wells with individual Mancos well cumulative production up to 120,000 barrels of oil per well,…
Ryder Scotts Mancos Reserves Ryder Scotts Collective total Original Hydrocarbons In Place in the Mancos Shale Leasehold Interests of Rose as of 30th April, 2014: OOIP - MMBO OGIP BCF P90 P50 P10 MEAN P90 P50 P10 MEAN 14,545…
Paradox Clastics The Paradox Clastics is a major emerging unconventional resource play in which Fidelity Exploration and Production Co. (Fidelity), a subsidiary of MDU Resources Group (NYSE: MDU), is the lead operator to date in…
Paradox Clastics Recent Fidelity Up-Dates (21st March) Production now over 4,500 BOPD (a 1,500 BOPD increase in less than 3 months) Additional Big Success Wells Reported: CCU 18-1 Mar. 2013 Current Rate: 800 BOPD Cum. Prod. To Date:…
Paradox Clastics Additional UPSIDE There are several individual reservoir intervals in the Paradox Formation as expressed in Ryder Scotts report To date, Fidelity has focused its development primarily on the lowest most interval…
Ryder Scotts Paradox Resources Ryder Scotts Original Hydrocarbon in Place Volumes in the Paradox Formation Leasehold Interests of Rose as of 30th April, 2014: OOIP - MMBO OGIP BCF P90 P50 P10 MEAN P90 P50 P10 MEAN 15,876 19,139…
Undeveloped Leasehold Valuation Based on Fidelitys most recent Undeveloped Lease Acquisition (27,000 net acres) in February of this year, Roses Undeveloped Leasehold is valued at US95.8m www.rosepetroleum.com…
Mancos Economic Summary An independent third party petroleum engineer has arrived at the following economics for the Mancos net to Roses interest: Based on 85/BO and 3.50/MCFG flat and 169 MBO/well NPV10: 941 MM* Discounted ROR:…
Paradox Economic Summary An independent third party petroleum engineer has arrived at the following economics for the Paradox net to Roses interest: Based on 85/BO and 3.50/MCFG flat and 500 MBO/well NPV10: 1.47 Billion* Discounted…
Work Programme www.rosepetroleum.com www.rosepetroleum.com 25
Work Programme Seismic Acquire approximately 100 to 150 square miles of 3-D seismic Pre 3-D Well Activity Drill, core and complete one horizontal Mancos well based on existing 2-D seismic and well control Conduct testing of the…
Checking The Boxes www.rosepetroleum.com www.rosepetroleum.com 27
Checking The Boxes Personnel Track record of repeatedly delivering successful results Twenty years experience in the key project area Risk Assessment Drilling direct offsets to Mancos and Paradox producing wells Long established…
Thank You www.rosepetroleum.com www.rosepetroleum.com 29
Contact Us Rose Petroleum plc First Floor, 9 Savoy Street, London WC2E 7ER United Kingdom +44 (0) 207 225 4595 www.rosepetroleum.com www.rosepetroleum.com 30