RockRose acquires Dyas’s Dutch interests

Oct. 4, 2018
RockRose Energy PLC, London, has acquired Dyas BV and Dyas Infrastructure BV, which hold the Dutch interests of Dyas, a subsidiary of SHV Holdings NV, Utrecht. 

RockRose Energy PLC, London, has acquired Dyas BV and Dyas Infrastructure BV, which hold the Dutch interests of Dyas, a subsidiary of SHV Holdings NV, Utrecht. Terms weren’t disclosed.

Dyas, which invests in nonoperating exploration and production interests, said it will focus its North Sea investments on Norway, Denmark, and the UK.

Dyas BV recently had interests in more than 35 licenses off the Netherlands.

RockRose said the working adjustment attributable to the acquisition of Dyas BV was €77.3 million. It said the acquisition boosts its production to 11,000 boe/d, split equally between oil and gas.

Before the acquisition, it reported average production of 5,176 boe/d, about 444 boe/d of which was natural gas.