RockRose Energy is an independent oil and gas production company with operations in the UK and Dutch sectors of the North Sea. The Company was built to succeed throughout the commodity price cycle and therefore maintains a low-cost base, which is designed to enable it to thrive in a weak oil and gas price environment and enjoy significant upside in more a robust market.
Since being established in 2015, the Company has successfully built a broad portfolio of oil and gas assets through acquisition. As a result, hydrocarbon production and reserves have grown rapidly to stand at over 20,000 boepd and 63 MMboe respectively.
In 2019, the Company became an Operator when it bought Marathon Oil UK. The additional operational and technical expertise acquired will enable the Company to pursue a broader range of opportunities, with an enhanced ability to participate in pre-production appraisal and development projects.
RockRose has an experienced board and management team in place, with a track record of success in the oil and gas sector. The team is focused on continuing to create value, both through further acquisitions and through organic growth.