UK independent RockRose Energy has completed its acquisition of Idemitsu Petroleum.
RockRose agreed to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan in October.
Idemitsu's UK assets comprise a substantial number of producing fields in the North Sea, which include: 30.8% stakes in Repsol's Ross and Blake fields, 50% in Repsol's Tain field, 7.5% in Shell's Nelson field, 20% in Shell's Howe field, 6.8% in Premier Oil's Balmoral field, 16% in the Stirling, also operated by Premier, 40% in Beauly operated by Repsol, 41.1% in Burghley, operated by Repsol, 17.4% in Galley, operated by Repsol.
On closure of the deal, and previously announced transactions, RockRose previously said it will have a projected 6200-7000 boe/d of production in 2018 on an aggregated basis.
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