Andrew Austin, Executive Chairman of RockRose Energy said:
"Internal analysis undertaken since acquiring our interest in the Blake and Ross fields suggests there is significant upside in terms of recoverable discovered hydrocarbons, particularly in the Tain area. We have commissioned independent reports to be able to make informed financial decisions regarding further development/redevelopment opportunities. The results of these reports will be available in the next couple of months.
While we remain focused on securing additional accretive acquisitions we are encouraged by the opportunities for organic growth offered within our existing portfolio."
