Rose Petroleum announced the following changes to its Board of Directors. Colin Harrington, who was previously the Executive Chairman of the Company has been appointed as Chief Executive Officer with immediate effect. Further, Rick Grant, who was appointed to the Board as a Non-Executive Director on 28 June 2019, has now been appointed Non-Executive Chairman of the Company with immediate effect.

In addition to these changes, the Company is also pleased to announce that Gordon Stein has been appointed to the Board as an independent Non-Executive Director. Gordon has over 26 years of international experience in the oil and gas sector and has a significant track record of working with AIM quoted natural resources businesses. Among other current appointments, Gordon is Chief Financial Officer of AIM-quoted Columbus Energy Resources PLC, and he previously served as CFO of AIM-quoted Madagascar Oil Ltd, Cadogan Petroleum plc and Regal Petroleum PLC.

Gordon is a member of the Chartered Institute of Public Finance & Accountancy, and his considerable financial and capital markets experience will assist the Company on a number of fronts. The Company is also taking this opportunity to bolster its governance framework and, as an independent Non-Executive Director, Gordon will also be Chairman of the Company's Audit Committee and Remuneration Committee. Further to its announcement on 30 July 2019, the Company also confirms that Matthew Idiens has now stepped down from the Board.

In line with the July announcement, Matthew will continue to assist the Board while it completes its transformation.