The AIM-listed player has been granted aconcession in the Weiden basin in Bavaria, south-east Germany for an initialperiod of three years.
Rose, which changed its name last year fromVane Minerals, will look to shoot 2D seismic and take measurements on the657,000-acre patch that is both a conventional and an unconventional oil play.
A well was first drilled on the acreage in1989 that indicated the presence of oil in Permian-Carboniferous source rocks.The
