Matthew Idiens, Chief executive of Rose Petroleum PLC (LON:ROSE), tells Proactive's Andrew Scott activity continues apace on the ground in Utah's Paradox basin and they're expecting to drill the first well in the project later this year.
It comes after Rose increased its footprint in the Paradox basin, and as it continues to earn into a 75% stake in an 80,000 acre area.
Idiens says they've assembled a highly experienced operational team with a successful track record in the region.
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