RockRose acquiring Dana’s Arran field stake

Aug. 9, 2018
RockRose Energy has agreed to acquire Dana Petroleum (E&P)’s 20.43% interest in Central UK North Sea blocks encompassing Arran gas and condensate field for what it described as “nominal consideration.”

RockRose Energy, London, has agreed to acquire Dana Petroleum (E&P) Ltd.’s 20.43% interest in Central UK North Sea blocks encompassing Arran gas and condensate field for what it described as “nominal consideration.”

RockRose said it will not be operator of the planned development, which involves four subsea wells drilled through two manifolds tied back to the Shearwater platform operated by Shell UK Ltd., a 23.68% partner (OGJ Online, July 11, 2018).

Blocks covered by the transaction are 23/11a, 23/16b, and 23/16c.