plc (AIM:ROSE) Corporate Presentation Disclaimer THIS - - PowerPoint PPT Presentation

Corporate Presentation (AIM:ROSE)

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Corporate Presentation

Disclaimer

2

THIS PRESENTATION IS NOT FOR PUBLIC RELEASE OR FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OF AMERICA OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. These presentation slides and the accompanying verbal presentation (together, “Presentation”) are strictly confidential and have been prepared by Rose Petroleum plc (“Company”) solely for information purposes only and must not be used or relied upon for the purpose of making any investment decision or engaging in any investment activity. These slides do not constitute an admission document, listing particulars or prospectus relating to the Company and this presentation does not constitute an offer to sell or a solicitation to buy or subscribe for securities in the Company and should not be relied upon in connection with a decision to purchase or subscribe for securities. No reliance may be placed for any purpose whatsoever on the information contained in this Presentation or the completeness or accuracy of the same. The information in this Presentation or on which this Presentation is based has been obtained, in part, from sources that the Company believes to be reliable and accurate. However, none of the Company, the Company’s directors, officers, employees, its shareholders or any of their respective advisors, or any other person has independently verified such information in this Presentation and no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information and opinions contained in this Presentation as a whole and no reliance should be placed on such information or

• pinions. Any opinions, projections, estimates or forecasts contained in this Presentation constitute a judgement of the Company only and should not be relied upon and are provided as at the date of this Presentation

and are subject to change without notice. In giving this Presentation the Company does not undertake or agree to any obligation to provide you with access to additional information or to update the Presentation or to correct any inaccuracies or omissions from this Presentation which become apparent. To the extent permitted by law and regulation, neither the Company nor any officer, director, employee or representative of any of them accepts any responsibility or liability whatsoever for any loss, damage or liability howsoever arising, directly or indirectly, express or implied, contractual, tortious, statutory or otherwise from any use of this Presentation or its contents or otherwise arising in connection therewith. The recipient of this Presentation shall be responsible for conducting its own investigation and analysis of the information contained or referred to in this Presentation and for evaluating the merits and risks involved in the securities forming the subject matter of this Presentation. This Presentation does not constitute an offer of securities for sale in Australia, Canada, Japan, the Republic of Ireland, the Republic of South Africa or the United States of America (each a “Restricted Territory”) or in any other country where such distribution may lead to a breach of any legal or regulatory requirement, nor may they be distributed to persons (as defined in Regulation S under the United States Securities Act of 1933 (as amended)) with addresses in the United States, or to any individual outside a Restricted Territory who is a resident thereof in any such case for the purpose of offer for sale or solicitation or invitation to buy or subscribe any securities or in the context where its distribution may be construed as such offer, solicitation or invitation, in any such case except in compliance with any applicable exemption. 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Any person who is in any doubt about the subject matter to which the Presentation relates should consult a person duly authorised for the purposes of FSMA who specialises in the acquisition of shares and other securities. This Presentation contains forward-looking statements, including but not limited to statements in relation to the Company and its respective subsidiaries, affiliated companies and projects, the future price of, and demand for, products, services, platforms, technologies, operations, licences and new growth market opportunities. Such statements are generally identifiable by the terminology used, such as “may”, “will”, “could”, “should”, “would”, “anticipate'', “believe'', “intend”, “expect”, “plan”, “estimate”, “budget'', “outlook'' or other similar wording. By its very nature, such forward-looking information requires the Company to make assumptions that may not materialise or that may not be accurate. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company and/or its respective subsidiaries and/or its affiliated companies, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; conclusions of economic evaluations and studies; changes in project parameters as plans continue to be refined; future price of, and demand for, oil and gas; possible variations of grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; political instability, insurrection or war; delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Furthermore, the forward-looking information contained in this Presentation is made as at the date of this Presentation and the Company does not accept any obligation to disseminate any updates or revisions to such forward-looking statements. The forward-looking information contained in this Presentation is expressly qualified by this cautionary statement. The Presentation is not intended to be, and should not be construed as, any advice on the merits of, or any recommendation to any recipient or reader of this document in relation to, the purchase of shares in the

• Company. Recipients and readers of this document should seek their own independent legal, investment and tax advice as they see fit.

By receiving this Presentation you agree to be bound by the foregoing limitations.

Corporate Presentation

Executive Summary

• AIM listed multi-asset natural resources company with a share price of £ 0.016 and a Market Cap of £2.8M
• Currently undergoing a focused restructuring to strengthen the board and capitalize on near term opportunities

through existing assets and potential farm-in / acquisition plays

— Identified opportunities are expected to be accretive to shareholder returns, cashflow and production — Target acquisitions with low technical risk / bypassed resources and low capital requirements to grow a

sustainable production base

— Consolidate working interest / operatorship to attract major players

• Establishing cash-flow is the priority to deliver near-term sustainability

Ex Experienc perience e Str Strategy gy

Low cost assets Targets identified Access to capital Team to execute

Significant upside potential from high-impact appraisal asset

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Corporate Presentation

Company Overview

Corporate Presentation

Overview

Ba Backg ckgrou

• und
• AIM listed multi-asset natural resources company committed to growing a material, cash generative US E&P business
• Experienced executive team further strengthened by new additions:

— Robert Bensh, Executive Chairman; and — Tom Reynolds, Non-Executive Director

• A newly structured board and shareholder base further deepens acquisition and development competency

Str Strategy gy

• Become self funding from bankable production acquisition with reserve upside
• Target low risk production acquisitions to achieve self-sustaining business model

— Minimises ongoing equity capital required

• Supplement with onshore developments, production and large acreage footprints

— Consolidate working interest / operatorship to attract major players — Initial focus on conventional assets avoiding the white hot competition of the shale plays

Ke Key targeting criteria

• Overlooked and underfunded conventional plays with low cost of entry
• Shallow wells with low cost of drilling
• Ability to recycle cash-flow into upside options
• Partner with proven local Operators
• No export constraints & low cost of operating

Ex Experienc perience e Str Strategy gy

Low cost assets Targets identified Access to capital Team to execute Create shareholder value by leveraging the Board’s expertise and network to build a leading onshore US E&P business

5

Mission

Corporate Presentation

Key Leadership Team Overview

Tom is a chartered Chemical Engineer with 25 years’ experience in the energy sector spanning executive management of private and public E&P companies, private equity investment and advising early stage companies. Tom led two public E&P companies between 2008-2016 – Bridge Energy ASA and Iona Energy Inc. – providing him with a broad range of North Sea experience including cross border mergers, IPOs, acquisitions & disposals, the Nordic bond market, debt restructuring and investor relations in London, Oslo and Toronto. Previously, Tom joined the oil and gas investment team of 3i in 2003 where he led the origination and assessment

• f E&P opportunities in the North Sea

and internationally. An international energy executive with

• ver twenty years of chairman and

chief executive experience primarily in Ukraine and eastern Europe as well as South America and in the Mid continent United States shale plays. Bensh has previously sourced, led and helped finance three initial public

• fferings in London and one in Canada.

He has also led ten major acquisitions and then the follow on integrations responsible for Finance and Operations; Corporate Governance and Government relations. Previously, Robert built and managed finance, corporate governance, capital markets, government relations, strategy and business development, information technology and supply chain

• rganizations models worldwide while

fostering a performance-driven culture.

Ro Robert Ben Bensh Executive Chairman Tom m Reynolds Non-Executive Director

Additional Leadership

Matt co-founded Rose (formerly VANE minerals) in 2002 and listed the company in June 2004 on AIM. He has been involved with the company throughout the past 15 years, as commercial Director, then as Non Executive Director during which period he co-founded Hummingbird Resources plc, a West African focused gold exploration and Production company with assets in Liberia and

• Mali. The company was built from

grass roots exploration acreage through to a producing gold mine, producing >100,000oz of gold per annum with a LoM NPV8 of US$162m. Having guided Hummingbird as a director since inception, through IPO and on to production, he retired from the board in June 2018.

Ma Matthe thew w Id Idien iens Chief Executive Officer

Chris is an experienced Finance Director with significant listed company and corporate governance exposure across a range of sectors within both large and small cap companies. After qualifying as a Chartered Accountant with PwC, Chris joined Cable and Wireless Plc where he held a number of senior financial positions including Director, Corporate Finance and Financial Controller on the Group merger and integration between C&W and Energis.Chris joined Aurum Mining Plc (AIM List) as CFO in 2006, and subsequently became CEO in 2010. After following a strategy of gold exploration in Central Asia and Europe, Aurum completed a reverse takeover in 2016 and transformed itself into the AIM listed cyber-security company Shearwater Group Plc.

Established Leadership

Ch Chris E Eadie e Chief Financial Officer

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Corporate Presentation

Executive Chairman: Robert Bensh

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Managing Shar Managing Shareho eholder lder, , Resources & Pelicourt, [2012-present]

Private Equity business focused on energy. Investments have been made in oil and gas, liquefied natural gas, thermal generation, electricity.

Non Non-Ex

• Execu

ecutive Di e Direct ector

• r,

Gastek/KUB – Gas, [2008-2016]

Secured $50 million financing from European Bank of Reconstruction and Development and Raised $150 million in equity from separate financings in London.

Chairma man and CEO, Condor Exploration, [2007-2011]

Privately held oil and gas company with operations in

• Colombia. Purchased acreage in Colombia and drilled

two successful exploratory wells.

Chairma man and CEO, NCNRG, [2008-2011]

Grew business from 50,000 acres and three employees, to 5,000 barrels of oil per day, 14 million barrels of oil equivalent of reserves and $145m of PV 10 in 2.5 years.

Chairma man and CEO, Cardinal Resources, [2004-2007]

Increased production from 100 barrels of oil per day to 3,100 barrels of oil per day. Sold to Kuwait Energy for $100 million, two years after listing business for $28m

Chairma man and CEO, Carpatsky Petroleum, [2000-2003]

Successfully negotiated with state run Ukrnafta and the Ukrainian Ministry of Energy and Coal to allow Carpatsky to operate in the country.

Senior Vice President of Fi Finance, Bellwether Exploration, [1998-2000]

Increased production volumes from 500 barrels of oil per day to 10,500 barrels of oil per day. Increased reserves from 7mmboe 45mmboe.

Dir Direct ector, IR and Capit , IR and Capital Mark al Markets, ts, Torch Energy Advisors, Inc,

[1998-1998] Participated in all aspects of IR function including meeting with institutional investors, sell side analysts & coordinating investor strategy with senior executives.

Vi Vice Pr ce Pres esiden ent, In Inves estor

• r R

Rel elation

• ns,

Box Energy, [1997-1998] An Analyst, Johnson and Company, [1996-1997]

Boutique capital markets oil and gas industry advisor.

US N US Natio tional G nal Guar uard, d, United States Army, [1986-1996]

US National Guard. US Army Active Duty Special Work Detail, Department of Defense, Department of Justice Drug Enforcement Administration.

Professional Experience

Non-Executive Director, Cossack Energy Limited, [2014-2015] Senior Advisor to the Vice Prime Minister of Ukraineed asset, [2013-2014] Director, Head of Audit Committee, Glen Rose Petroleum, [2011-2012] Independent Director, Head of Audit Committee, New Frontier, [2009-2012]

Director Appointments

Senior manager with a focus on investor relations.

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Corporate Presentation

Non-Executive Director: Tom Reynolds

\\\\\\\\\\\\\\ \\\\\\\\\\\\\\ \\\\\\\\\\\\\\ \\\\\\\\\\\\\\ \\\\\\\\\\\\\\ \\\\\\\\\\\\\\ \\\\\\\\\\\\\\ \\\\\\\\\\\\\\ \\\\\\\\\\\\\\ \\\\\\\\\\\\\\

Managing Dir Managing Direc ector, , Quixote Advisers [2017-present]

Qad provides strategic, investment and M&A advisory services to clients in the oil, gas, energy and infrastructure space.

Se Senio nior r Advise dviser r Energy & Infrastructure Investment*

Supporting debt and equity investors in the origination and assessment of investment opportunities within the oil field service, energy and infrastructure sectors.

CE CEO, Iona, [2014-2016]

Engaged with bondholders to achieve an agreed debt restructuring in summer 2015, subsequently worked with creditors to maximise recovery.

CE CEO, Bridge Energy, [2010-2013]

Led North Sea independent E&P operator through a programme of acquisition led growth, a successful exploration programme and a secondary listing on AIM.

Managing Dir Managing Direc ector, , Silverstone Energy, [2004-2007]

Led UK focused independent operator to rationalise portfolio and consolidate activities around core unconventional gas development assets in the UK.

Chief Investme ment Officer, Energy Development Partners [2004-2008]

Delivered the successful raise and close of a US$ 350 million private equity fund to support projects.

Investme ment Manager, 3i Group plc, [2003-2004]

Increased production volumes from 500 barrels of oil per day to 10,500 barrels of oil per day. Increased reserves from 7mmboe 45mmboe.

Senior Comme mmercial Adviser, BP, [2000-2002] Senior Negotiator, Portfolio Manageme ment Total E&P, [1997-2000] Elec Electr trogas as, , BNFL, [1991-1997]

Executed technology sales and JV negotiations for projects in Russia, China and Japan.

Professional Experience

Non-Executive Director, Solo Oil PLC, [2018- present] RAB-Microfluidics, [2017-present] Non Executive Director, Helium One [2019- present]

Director Appointments

Lead Portfolio Management, managed acquisition and divestment processes, negotiating Sale & Purchase Agreements with value of over $100 million.

*2017 - present

Responsible for negotiating and managing upstream commercial contracts

8

Corporate Presentation

The Company

• Market Cap: £2.8 mi

million* *

• Number of ordinary shares of 0.1p each in issue: 168,413,940*

*

• Debt: £0

£0

• Cash and cash equivalents: c£800,000*

*

Corporate Structure Significant Shareholding

5.00mm 10.00mm 15.00mm 20.00mm 25.00mm 0.01 0.02 0.03 0.04 0.05 0.06 0.07

Rose Petroleum plc (AIM:ROSE) - Volume Rose Petroleum plc (AIM:ROSE) - Share Pricing

Share Price GB£ Volume

Share Price and Volume Activity

Paradox Basin

Significant acreage position leased by the company

Identified near term production

• pportunities

25,000,000 14.8% MC Idiens R Bensh 1,717,504 1.0% Flute Investments 5,942,385 3.5% 9 3,620,257 2.1% CJ Eadie 1,000,000 0.6% T Reynolds

22.01%

*Note: this is the proforma position following the Robert Bensh Placement of 25m ordinary shares

Board Holding:18.9% %

Rose Petroleum’s primary asset, more than 80,000 net acres oil and gas asset located in the Paradox Basin in Utah, USA, in which it is earning into a 75% working interest.

Corporate Presentation

About Rose Petroleum

AIM listed multi-asset natural resources company committed to growing a material, cash generative US E&P business. A newly structured board and shareholder base provides confidence in acquisition currency and the company is currently reviewing acquisitions and development opportunities.

• Pr

Proven o en oil fill il fill: Ubiquitous moveable, oil filled reservoirs across the acreage in primary target reservoir “Clastic 21”

• Ov

Over er p pres essured ed: Drives initial production rates up to 1,600boepd

• St

Stac acked d pa pay y oppo pportunity rtunity: 6 potential reservoirs accessible from each well bore

• Pr

Proven pr en produc ductio tion: n: Vertical well 28-11 proves productive fractures in primary target, Clastic 21, within the 3D area

• Proven comme

mmercial analogue: Cane Creek Field (c. 12 miles south) successfully developed in the naturally fractured Clastic 21 and Clastic 19

• Key de-risking comp

mplete: High quality 3D seismic allows Rose to locate target locations

• Drill-r

Drill-ready eady to prove commerciality and begin development – local infrastructure available

Paradox Basin Overview Growth Objective

Identified opportunities that will be accretive to shareholder returns, cashflow and production

• Fi

Find a low risk PUD or producing asset to deliver: — Minimum of a basic project return to increase company value — Positive cash flow — Offset GVU risk and risk concentration (one asset portfolio) — Provide time to rebuild US team and develop a go forward strategy. 10

• Fr

Frame me — Limited resource available for asset screening — Fundable and low risk — Delivers a project return that supports any funding request — Using US network find assets which are not in a competitive process

Corporate Presentation

Paradox Basin

Corporate Presentation

Paradox Basin Overview

• Rose entered in to a Farm-in agreement with Rockies Standard Oil Company LLC in

March 2014

• Earning 75% working interest (“WI”) within c. 80,000 acres in Paradox Basin, Utah

— US$5.5m earn-in, including 25% carry on one well ($3.96m spent to date) — High fold/wide azimuth 3D seismic acquired over c. 17,250 acres — Circa 50,000 acres held within Gunnison Valley Unit (GVU)

• Rose has progressed Land and Operations programme

— Unit re-shape agreed with Utah regulator, Bureau of Land Management — Drilling Permit granted for first planned well (GVU 22-1) — 22-1 spud planned before end of H2‘19 with potential for acceleration — Additional permit (GVU29-1, State 16-2L, GVU 11-1) approved and two

more in process

• Experienced Operations team in place

— Proven experience in nearby Cane Creek Field analogue — Team designed 9-well programme for Fidelity Exploration & Production — Grew production from 100 to 3,500 bopd in 18 months

• Gaffney Cline (GCA) CPR estimates 2C Contingent Resources net to Rose within 3D

seismic area (17,250 acres only; c. 22% of total acreage):

— Resources: 12.33mmb

mmboe (75% % oil)

— Valuation: US$86.9m

m NPV10 (Post-Federal Income me Tax)

• Cost of GVU 22-1 estimated as US$6.5m (dry hole) with a further US$1.2m to

bring the well into production on a success case

— Targeting EUR of c. 0.85 mmboe — On success, Rose plans to recycle cash flow to drill the identified follow-

• n locations

Gunnison Valley Unit Proven production analogue

• The GVU lies 12 miles north of the productive Cane Creek Fi

Field

• Similar depth, structural trend and reservoir
• Target reservoir ‘Clastic 21’ has proven production within area
• 8 mmboe produced to date from Cane Creek Field
• 90 day IP rates up to 1,600boepd
• GVU 3D area also benefits from seismic to well ties e.g. to the nearby

vertical production well 28-11

• Clastic 21 production from the vertical 28-11 well totals c. 140,000 boe

since 2008.

• The viability of the Clastic 21 reservoir within the GVU
• The predictive model (well success rate)
• Predictive model application to shallower zones
• Potential to prove 3-5mmboe net reserves

Rose well GVU 22-1 first in a pilot program m to prove:

12

Corporate Presentation

Gunnison Valley Unit Summary

6.7 122.4 335.3 2.5 86.9 242.8 50 100 150 200 250 300 350 400 1C 2C 3C Pre-Tax NPV (US$ MM) Post-Tax NPV (US$ MM) US$ MM

Unrisked NPV10 Contingent Resources

• Significant acreage position with high quality 3D seismic data
• First well GV 22-1 expected to generate cash and unlock the “code” to the Basin

— Excellent quality 3D seismic Data – never available before — Operations Team with extensive experience in Basin — Highly productive analogue reservoir

• Very low cost route to seek to prove considerable upside
• Once “factory model” proven, acreage provides Rose & investors a high quality

inventory of targets to reinvest cash flow

28-11 GVU Cane Creek Field

(Modified from Morgan & Stimpson 2018)

13

(GCA independent resource report, as at 21st June 2018)

Corporate Presentation

GVU Unique Seismic Imaging – Paradox Formation

• First clear image of Paradox Formation internal structure
• Improved image vs Cane Creek Field seismic data
• Several fold geometry types
• Multiple target levels
• Folded structures host fractures which drive productivity

3D seismic supports better reservoir characterisation leading to higher IP and well EUR

Thrus Fault

Thrust fault

Curvature

Curvature

• Cumulative Production: 0.96mmbo

&BCF

• 90 day IP: 1600boepd
• Current production: 80boepd

(Crane Creek 12-1 Well)

• Elongate, compressional

features, often associated with minor thrust faults

• Presence of the ‘curvature’

seismic attribute along the well track

Analogue

(Presented with permission from Wesco Operating Inc.)

GVU Example

• Cane Creek Field oil producer :

— > 1 mmboe production — 90 day IP: 1,600 boepd — Analogy: Clastic 21 structural character

Elongate Compressio nal feature

Elongate Compressional feature

• Similar features throughout

GVU

• Complex structures create

fracture porosity and permeability – driving well productivity

14

Cane Creek Field Analogue, Paradox Basin

Corporate Presentation

Cane Creek Field comparison with GVU

• Cane Creek Experience
• Learning/advantage on GVU

Well Success Rate

• Initial drill program had high success rate - first 7 wells were

successful — Desire to prove an unconventional play pushed drilling away from the successful geologic play — Market driven push to increase production forced poor well locations to be drilled leading to over 1:2 success

• Focus on the geologic play and target natural fractures that have

demonstrably delivered commercial production at Cane Creek.

• Leverage better seismic data to further optimise well productivity
• Consider hydraulic fracturing taking advantage of recent industry

technology advances — Late life upside potential once the geologic play is established — or, as a possible mitigation if the geologic play is sub commercial.

Well Control

• Drilling the over-pressured Paradox Formation caused

multiple well control incidents. This increased well cost and well cost uncertainty.

• GVU 3D seismic data allows for better prediction of fractured
• zones. When this is combined with lessons learned in the use of

Managed Pressure Whilst Drilling, well cost and cost uncertainty should be reduced.

Permit Approval

• Indefinite delays in permitting (>12 months) resulted in sub-
• ptimal targets being drilled. Particularly when combined

with the push to increase production.

• Permitting regime changed and BLM required to turnaround

drilling permits within 30 days for wells Rose proposes to drill

Target drilling plan

22-1 Base case target

• 30 Day IP: >750 bopd – based on analogue performance at Cane Creek IP rates of 1400bopd are

possible. — Primary objective for the 22-1 well, to prove identified natural fracture networks provide commercial reservoirs in GVU as in Cane Creek field — Potential conversion of current Contingent Resource estimate to net Recoverable Reserves, post success:

• 22-1 Producing : 2P: 0.56mmboe

— Substantial reserve range for Clastic 21 development will narrow as further wells drilled — Drilling to prove predictive model (2 wells) — Production data to understand well spacing

Gaffney Cline report*

15

1C: 3.61mmboe 2C: 12.3mmboe 3C: 29.5mmboe

Clastic 21* Development

Corporate Presentation

Growth Strategy

Corporate Presentation

The objective is to achieve a production rate of over 2,500 bopd by end 2021

Operational & Corporate Objectives

Near-term target (6 – 12 months) Medium-term target (1 – 2 years) Long-term target (2 – 5 years)

• Protect investment in existing core assets

by meeting obligations to partners and regulatory bodies

• Target acquisitions with similar low

technical risk / bypassed resources and low capital requirements to grow a sustainable production base

• Drill play defining GV 22-1 well in the

Paradox basin

• Establish significant acreage footprint in

undercapitalised conventional basins with low entry costs, significant resource potential and unfettered access to infrastructure

• Recycle capital from producing assets into

an early production project of the GVU

• Consider part-monetisation of the WI in

the GVU to extract value from progressing an exploration / appraisal project to a significant development

• Progress GVU to full field development

targeting gross production in excess of 2000bopd

• Establish a net production base in excess of

2,500bopd

• Acquisition growth targeting projects with

significant resource and production upside

• Portfolio of risked weighted investment
• pportunities maximising returns to

investors 17

Timeline

Corporate Presentation

Contacts

Corporate Presentation

Ro Robert Ben Bensh Executive Chairman robert.bensh@rosepetroleum.com Tom m Reynolds Non-Executive Director tom.reynolds@rosepetroleum.com Ma Matthe thew w Id Idien iens Chief Executive Officer matthew.idiens@rosepetroleum.com Ch Chris E Eadie e Chief Financial Officer chris.eadie@rosepetroleum.com

Rose Petroleum Gneiss Energy Novum Securities

Jon Fi Fitzpatrick Managing Director Jon.Fitzpatrick@gneissenergy.com Do Doug R ug Rycr croft ft Commercial Director Doug.Rycroft@gneissenergy.com Ke Kenneth Bell Associate Kenneth.Bell@gneissenergy.com Ch Charlie Br e Brook

• ok-P
• Partridge

e Chief Executive charlie@novumsecurities.com

Contacts

Gr Greg egor

• r M

Maxw xwel ell Technical Advisor to the Board gregor.maxwell@rosepetroleum.com

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