Search results for: roc

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  • 20 December 2010
    Business & Finance

    Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, has agreed to sell its 20% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Woodside Energy Ltd for US$15.75 million subject to working capital adjustments. The effective date of the sale is 1 January 2011. ROC does not presently carry any value for […]

  • 17 November 2014
    Business & Finance

    Fosun International Limited has informed that its wholly-owned subsidiary Transcendent Resources has closed the acquisition of Roc Oil Company Limited (ROC), one of Australia’s independent upstream oil and gas companies, acquiring 92.6% of ROC’s outstanding share capital. ROC is an Australian independent upstream oil and gas exploration, development and production company with a significant presence and experienced […]

  • 28 March 2012
    Business & Finance, Equipment, Operations & Maintenance

    Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that production from the Enoch oil and gas field (ROC: 12% interest), located in the North Sea, is anticipated to be offline for the remainder of 2012 due to mechanical issues related to subsea equipment. ROC is awaiting advice from the operator (Talisman North […]

  • 31 March 2014

    Roc Oil Company Limited today announced that it has signed a sale and purchase agreement to sell its entire 50% participating interest in the Basker Manta Gummy (BMG) field to Cooper Energy Limited.  The BMG field is located in the Gippsland Basin, 50-75 kilometres off Victoria, Australia ROC receives an upfront cash consideration of A$1 million […]

  • 20 December 2010
    Project & Tenders

    Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, has agreed to sell its 20% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Woodside Energy Ltd for US$15.75 million subject to working capital adjustments. The effective date of the sale is 1 January 2011. ROC does not presently carry any value for […]

  • 4 July 2018
    Business & Finance

    Following CNOOC’s announcement on Tuesday regarding a contract signing for South China Sea acreage with Roc Oil and Smart Oil, Roc Oil has shared some more details.

  • 4 August 2014
    Business & Finance

    Australia’s independent oil company ROC has withdrawn from a merger agreement reached in April with Horizon Oil, after receiving a better offer from Fosun.   China’s Fosun has offered  AUD 0.69 per ROC Share valuating the target company at approximately A$474 million. The offer represents a 52% premium to the closing price of ROC shares on 23 April 2014 […]

  • 23 September 2011
    Business & Finance

    Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, has agreed to acquire an additional 5.0% interest in WA-31-L, which is located in the offshore Perth Basin, Western Australia, and contains the ROC-operated Cliff Head oil field, from CIECO Energy Australia Pty Ltd for A$4.5 million subject to working capital adjustments. The effective […]

  • 23 September 2011
    Business & Finance

    Roc Oil (Mauritania) Company and Roc Oil (Chinguetti) B.V., each wholly owned subsidiaries of ROC, have agreed to sell all of their respective interests offshore Mauritania to Tullow Mauritania Ltd, Tullow Petroleum (Mauritania) Pty Ltd and Tullow Chinguetti Production Pty Ltd, wholly owned subsidiaries of Tullow Oil plc (“Tullow”), for US$4 million subject to working […]

  • 25 June 2014

    Australia’s independent oil company ROC has received a takeover offer from an undisclosed party.

  • 28 March 2012
    Business & Finance

    Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that production from the Enoch oil and gas field (ROC: 12% interest), located in the North Sea, is anticipated to be offline for the remainder of 2012  due to mechanical issues related to subsea equipment. ROC is awaiting advice from the operator (Talisman North […]

  • 23 March 2012
    Business & Finance

    Roc Oil (Taranaki) Pty Limited, a wholly owned subsidiary of ROC, has today notified joint venture partners of its withdrawal from offshore exploration block PEP52181, located in the Taranaki Basin, New Zealand. The withdrawal is subject to normal industry terms and conditions, including the receipt of necessary government approvals.  ROC does not carry any value […]

  • 25 August 2011
    Business & Finance

    Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, advises that production has commenced from the first appraisal well drilled in the new Zhanghai block – one of two adjoining blocks added to ROC’s existing Zhao Dong Block Contract in March 2011 with the aim of commercialising previous near field discoveries in the area […]

  • 25 March 2011
    Business & Finance, Project & Tenders

      Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, advises that the existing Petroleum Contract covering the Zhao Dong Block in the Bohai Bay, offshore China, has been modified with the aim of commercialising previous near field discoveries in the area and encouraging further exploration activity. The key elements of the modifications are: […]

  • 27 November 2012
    Business & Finance, Project & Tenders

    Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, advises that drilling has started on the second exploration/appraisal well ZD CP2N-H-2 in the Zhanghai Block, Bohai Bay (offshore China). The well is located in one of two adjoining blocks added to ROC’s existing Zhao Dong Block Contract (announced 25 March 2011). The drilling from […]

  • 18 August 2011
    Business & Finance

    Roc Oil Company, a wholly owned subsidiary of ROC, has agreed to farm down its interest in Block H, offshore Equatorial Guinea, to White Rose Energy Ventures Limited, a portfolio company of First Reserve Corporation, from 37.5% to 20.0% for a free carry through the drilling of an exploration well. ROC will also receive an […]

  • 8 April 2019

    Two Taiwan government agencies are considering making the use of Republic of China (ROC) flag vessels mandatory for certain offshore wind farm construction activities, according to Asia Wind Energy Association (AWEA). The Bureau of Energy (BOE) in Taiwan’s Ministry of Economic Affairs is expected to convene a meeting of developers, contractors and vessel operators later […]

  • 8 June 2016
    Exploration & Production, Project & Tenders

    Quadrant Energy has set the timing and location of the Roc-2 well in WA-437-P, offshore Australia.  Quadrant is the operator of the exploration permit with 80% interest, and Carnarvon Petroleum is its partner. Carnarvon said on Wednesday that the well has been designed to appraise and test the Roc-1 gas-condensate discovery announced in January 2016. Carnarvon […]

  • 14 August 2014

    “This is an important milestone in realising ROC’s growth strategy In one of the most prolific basins in the world. We are extremely excited about this prospect’s potential.”

  • 11 May 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (ROC) for Block 09/05 in Bohai. Block 09/05 is located 50 kilometers southeast of Tianjin, with a total area of 355 square kilometers and water depth of 4-10 meters. According […]

  • 29 April 2014
    Business & Finance

    Roc Oil Company Limited (ROC) and Horizon Oil Limited (Horizon) today announced that they have entered into a Merger Implementation Deed (MID) under which they have agreed to merge via a Horizon Scheme of Arrangement (the Merger). In its press release ROC has said that the transaction will bring together two highly complementary E&P companies […]

  • 15 August 2014
    Business & Finance, Operations & Maintenance

    Roc Oil (Bohai) Company, a wholly owned subsidiary of Roc Oil Company Limited, as operator of Block 09/05, Bohai Bay, Offshore China advises that drilling has started on the first exploration well QK11-1-1. Drilling from CPOE Rig 33 commenced at 11:00 China Standard Time on 14 August 2014. Total depth planned for this well is […]