Rose Petroleum’s its wholly owned subsidiary, Rose Petroleum (Utah) LLC, has received written approval from the State of Utah Department of Oil, Gas and Mining to commence the construction of the drilling pad and road into the 1-34 State well in the Cisco State Unit.
Work is scheduled to begin on 8 December 2014. Rose has contracted Hanson Construction to carry out the work. Hanson is a local contractor that has carried out extensive work in the area for a number of other operators.
The 1-34 State well will be Rose's first Mancos well and initiates Rose's development of its Mancos leasehold which consists of approximately 133,000 gross acres. Drilling operations are scheduled to begin later this month.