Rockrose Energy plc: Update on Incremental Development Projects
Friday 16 March 2018
RockRose Energy plc. announced that it has commissioned two reports:
- RockRose has commissioned ERC Equipoise to evaluate both the existing upside potential within the Blake field (30.82%) and, the nearby Tain satellite discovery (50%), with a view to inform FID on Tain development.
- RockRose has also commissioned an independent report from Crondall Energy to review the FPSO options on the Blake & Ross field. The scope is in two parts; looking at replacing the current vessel or extending the life of the Bleo Holm vessel which is operated by Repsol Sinopec, the company's joint venture partner, with the vessel currently targeted to be on station until 2024. This is being undertaken to extend the life of the fields and give the opportunity to fully deliver other discovered hydrocarbons in the area.