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Britain's RockRose to buy Netherland-based Dyas for 107 million euros

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(Reuters) – Britian’s RockRose Energy <RRE.L> on Thursday said it agreed to buy Netherland-based privately held oil and gas explorer Dyas BV, for 107 million euro (94 million pounds) in cash.

The acquisition of the owner of non-operated Netherlands gas and condensate producing assets will add a further 13 Million barrels of oil equivalent net developed reserves and over 5,000 barrels of oil equivalent per day of production, RockRose said.

There will be a significant working capital adjustment at completion, the London-listed RockRose added.

(Reporting by Rahul B in Bengaluru; Editing by Vyas Mohan)

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