Business
Cantor Fitzgerald initiates research coverage
Cantor Fitzgerald initiates research coverage.
About this update from Zephyr Energy Plc
[{"type":"text","content":"\n \nRNS Number : 4585T Rose Petroleum PLC 03 July 2018 \n\n3 July 2018\nRose Petroleum plc\n(\"Rose\", the \"Company\" or the \"Group\")\n \nCantor Fitzgerald initiates research coverage\n \nRose Petroleum plc (AIM: ROSE), the North America-focused oil and gas company, announces that Cantor Fitzgerald Europe has today initiated equity research coverage of Rose with the release of a research report on the Company. The report includes a Buy recommendation, with a target share price of 9.0p based on the assumptions set out in the report.\n \nCantor Fitzgerald Europe (\"CFE\") is the European operation of Cantor Fitzgerald, the integrated, full-service investment bank known for the strength and experience of its corporate finance advisory and brokerage services. CFE combines this with in-depth, authoritative equities research as well as a leading institutional sales offering.\n \nCFE is financial adviser and joint broker to Rose. The report is available only to registered institutional clients of CFE. For access to the report, please contact your individual broker.\n \n \nContacts:\n \n\n\n\nRose Petroleum plc\nMatthew Idiens (CEO)\nChris Eadie (CFO)\n \n\n\n \nTel: +44 (0)20 7225 4595\nTel: +44 (0)20 7225 4599\n\n\n\n\nAllenby Capital Limited - AIM Nominated Adviser\nJeremy Porter / James Reeve / Liz Kirchner\n \nCantor Fitzgerald Europe - Financial Adviser and Joint Broker\nNick Tulloch\nDavid Porter\n \nTurner Pope Investments - Joint Broker\n\n\n \nTel: +44 (0)20 3328 5656\n \n \nTel: +44 (0)131 257 4634 Tel: +44 (0)20 7894 7686\n \n\n\n\n\nAndy Thacker\n \n\n\nTel: +44 (0)20 3621 4120\n\n\n\nMedia enquiries:\n\n\n\nAllerton Communications\n\n\nTel: +44 (0) 20 3633 1730\n\n\n\n\nPeter Curtain\n\n\[email protected]\n\n\n\n \nNotes to editors\n \nRose Petroleum plc (http://rosepetroleum.com) is a North America-focused oil and gas company whose primary asset is approximately 80,000 net acres in the prolific oil and gas producing Paradox Basin in Utah, U.S.A., where it is earning into a 75% working interest. Using high-quality data gathered in a 3D seismic survey completed in October 2017, the Company has identified drilling locations in naturally fractured areas of the Paradox Formation with the intention of ...