Roc Oil Company News

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Borr Drilling Ups Backlog by $21MM
Borr Drilling has entered into a new contract and letters of intent for three of its currently warm-stacked rigs.
8:00 PM EST | August 03, 2020
Santos Names Roc Oil CEO Anthony Neilson as CFO to Replace Andrew Seaton
Santos names Anthony Neilson as chief financial officer, replacing Andrew Seaton, who has announced his retirement.
8:00 PM EST | September 18, 2016
SapuraKencana Clinches $72M of Work in Malaysia, India & Cote d'Ivoire
SapuraKencana Petroleum's units clinches contracts and extensions, worth $72 million, in Malaysia, India and Cote d'Ivoire.
7:00 PM EST | December 07, 2015
Faroe Completes Roc Oil Acquisition
Faroe Petroleum completes its acquisition of Roc Oil, boosting its stakes in the UK North Sea Blane and Enoch units to 30.5 percent and 13.9 percent respectively.
7:00 PM EST | November 05, 2015
ROC Fails to Find Hydrocarbons at QK12-3-1D Well in China's Bohai Bay Basin
ROC Oil fails to find hydrocarbons at QK12-3-1D exploration well in Block 09/05 in China's Bohai Bay Basin.
8:00 PM EST | October 19, 2015
Roc Oil Spuds QK12-3-1D Exploration Well in China's Bohai Bay Basin
Roc Oil spuds QK12-3-1D exploration well in Block 09/05 in China's Bohai Bay Basin.
8:00 PM EST | September 22, 2015
Faroe Petroleum Acquires North Sea Interests for $20M
Faroe Petroleum announces its conditional acquisition of Roc Oil (GB Holdings) Limited for a payment that could total up to $20 million.
8:00 PM EST | August 31, 2015
CNOOC Signs PSCs with Roc Oil for South China Sea Blocks
The China National Offshore Oil Corporation signs 2 production sharing contracts with Roc Oil Company for blocks 16/07 and 03/33 in the South China Sea.
8:00 PM EST | August 18, 2015
Afren Board Agrees on New CEO
Afren's board agrees in principle to appoint Alan Linn as the firm's new chief executive.
8:00 PM EST | April 06, 2015
Fosun Closes Off-Market Takeover Bid for Roc Oil
Fosun International confirms closure its off-market takeover bid for Roc Oil.
7:00 PM EST | November 17, 2014
Roc Oil Names Bin Zhao as Chairman to Succeed Mike Harding
Australia's Roc Oil names Bin Zhao as chairman to succeed Mike Harding.
7:00 PM EST | November 13, 2014
Horizon Reports Oil Discovery at WZ 12-10-2 Well in Beibu Gulf Block 22/12
Horizon Oil reports an oil discovery at WZ 12-10-2 well in Beibu Gulf Block 22/12 offshore China.
8:00 PM EST | October 13, 2014
Roc Oil Spuds WZ12-10-2 Well in Beibu Gulf Block 22/12 Offshore China
Roc Oil spuds WZ12-10-2 exploration well in Beibu Gulf Block 22/12 offshore China.
8:00 PM EST | October 07, 2014
Roc Oil Reports Oil Find at WA12-10-1 Well in Beibu Gulf Block 22/12
Roc Oil reports an oil discovery at WZ12-10-1 well in Beibu Gulf Block 22/12 offshore China.
8:00 PM EST | September 28, 2014
Roc Oil Spuds First of Two Wells in Beibu Gulf Block 22/12 Offshore China
Roc Oil spuds the first of two exploration wells in Beibu Gulf Block 22/12 offshore China.
8:00 PM EST | September 10, 2014
Roc Oil Fails to Find Commercial Hydrocarbons at QK11-1-1 Well in Bohai Bay
Roc Oil fails to find commercial hydrocarbons at QK11-1-1 well in Block 09/05 in Bohai Bay offshore China.
8:00 PM EST | September 09, 2014
AWE to Farm-in for 40% Interest in Bohai Bay's Block 09/05
AWE to acquire 40 percent interest in Block 09/05 in Bohai Bay, offshore China from Roc Oil.
8:00 PM EST | August 13, 2014
Horizon Oil Terminates Merger Implementation Deed with Roc Oil
Horizon Oil terminates the merger implementation deed with Roc Oil following the offer to acquire the latter by Fosun International.
8:00 PM EST | August 04, 2014
China's Fosun Agrees $441M Takeover of Australia's Roc Oil
Australia's Roc Oil accepts a $441 million takeover offer from Chinese conglomerate Fosun International, saying it was better than its plan to merge with Horizon Oil.
8:00 PM EST | August 03, 2014
Roc Oil Draws a Second Acquisition Proposal, Denies Cliq Energy is a Bidder
Roc Oil receives a second proposal from an unnamed firm to acquire all the issued share capital of the Australian company.
8:00 PM EST | July 10, 2014
Horizon Oil Recommends Shareholders Accept Merger with Roc Oil
Horizon Oil recommends that the firm's shareholders accept the merger with Roc Oil in the absence of a superior proposal.
8:00 PM EST | July 03, 2014
Roc Oil to Farmout 20% Stake in PSC for D35, D21, J4 Fields to Dialog
Roc Oil agrees to farm-out a 20 percent stake in the production sharing contract for D35, D21 and J4 fields offshore eastern Malaysia to Dialog Resources.
8:00 PM EST | May 29, 2014
Stanley Project Approval Continues PNG Growth
Papua New Guinea's oil and gas industry has experienced significant expansion in recent years, with development of the Stanley project on course to boost the sector in the country's Western Province.
8:00 PM EST | May 04, 2014
Horizon and Roc Oil Plan Merger
Asian focused companies, Horizon and Roc Oil, announce intentions to merge and establish a single entity with significant exploration and production assets.
8:00 PM EST | April 28, 2014
Roc Oil Acquires 50% Interest in a PSC offshore Malaysia
Roc Oil acquires a 50% interest in a production sharing contract comprising three fields offshore Malaysia.
8:00 PM EST | March 31, 2014
Cooper Energy Acquires 65% Interest in BMG Project in Gippsland Basin
Cooper Energy acquires 65% interest in Basker-Manta-Gummy gas and liquids project in the Gippsland Basin offshore Australia.
8:00 PM EST | March 30, 2014
Myanmar Awards Block M07 in Moattama Basin to Tap Oil and its JV Partners
Tap Oil reports that it has been awarded shallow water Block M07 in the Moattama basin, offshore Myanmar by the Ministry of Energy in Myanmar.
8:00 PM EST | March 26, 2014
BC Petroleum Gets Nods to Develop Bentara Oil Field Offshore Sarawak
BC Petroleum receives approval from Petronas to develop Bentara oil field within the Balai Cluster offshore Sarawak, Malaysia.
8:00 PM EST | March 25, 2014
WSJ: Noble Energy Plans China Oilfield Stake Sale
Noble Energy hires merger-advisory firm Lazard Ltd to sell its majority stake in an oil field it owns with Sinopec just off northeastern China, the Wall Street Journal reported, citing people familiar with the matter.
7:00 PM EST | February 20, 2014
ROC's Revenue in 4Q 2013 Grows 1.5% to $69M Amid Higher Production
ROC Oil Company's revenue increases 1.5 percent to $68.95 million in the fourth quarter of 2013, compared to $67.91 million in the previous quarter.
7:00 PM EST | January 28, 2014
ROC Oil Appoints Mike Harding as Chairman
ROC Oil appoints Mike Harding as chairman of the company's board of directors.
7:00 PM EST | December 11, 2013
BCP Commences Extended Well Testing Program on Balai-2 Well off Sarawak
ROC Oil announces that BC Petroleum has commenced a program of extended well testing on Balai-2 well in the Balai Cluster Risk Sharing Contract offshore Sarawak, Malaysia.
7:00 PM EST | November 11, 2013
ROC Oil's Revenue Rises to $67.9M for 3Q 2013, Up 20% Over 2Q 2013
ROC Oil's revenue rises 20 percent to $67.9 million for 3Q 2013, compared to $56.8 million for the previous quarter.
8:00 PM EST | October 29, 2013
ROC Finalizes Option to Farm Out 40% Stake in Block 09/05 in Bohai Bay
Roc Oil finalizes an option agreement to farm out 40 percent interest in Block 09/05 in Bohai Bay, China to Horizon Oil.
8:00 PM EST | October 09, 2013
ROC Appoints New Chairman to Replace Andrew Love
ROC Oil appoints Mike Harding as company chairman to replace Andrew Love who will retire at the end of this year.
8:00 PM EST | August 29, 2013
ROC Oil's 1H 2013 Net Profit Dips 28% to $20.5M
ROC Oil posts a 23.8 percent decline in net profit in the first half of 2013 to $20.5 million amid weaker oil prices and lower sales volume.
8:00 PM EST | August 27, 2013
First Oil to Flow from WZ 12-8 West Field in Beibu Gulf Shortly
Roc Oil reveals that first oil from the WZ 12-8 West field in Beibu Gulf off China is expected in the third quarter of 2013.
8:00 PM EST | August 18, 2013
Roc Oil Completes WZ 6-12 Field Drilling Program
Roc Oil has completed a 10-well development drilling program at the WZ 6-12 field in Beibu Gulf.
8:00 PM EST | June 20, 2013
Roc Spuds Final Obligation Exploration, Appraisal Well in Bohai Bay
Roc Oil (Bohai) spuds final exploration and appraisal well in the Zhanghai Block, offshore China. The well could be tied into existing offshore facilities.
7:00 PM EST | November 26, 2012
Beibu Gulf Project Progressing Towards First Oil by Early-2013
Roc and its partners move into the final phase of drilling for the WZ6-12 and WZ12-18 West Oil Field Development areas; first oil expected from the Beibu Gulf Project by 2013.
7:00 PM EST | November 20, 2012
Roc Flows Oil from First Appraisal Well Offshore Malaysia
Roc flows medium gravity oil from its first appraisal well, Bentara-2, offshore Malaysia.
7:00 PM EST | November 19, 2012
NZOG to Raise Kaheru Stake, Become Permit Operator
NZOG on Friday announced it has entered into further conditional agreements to become operator and increase its stake in the highly prospective offshore Taranaki permit, Kaheru.
8:00 PM EST | May 24, 2012
CNOOC Pens PSC with Roc for Bohai Block
CNOOC has signed a production sharing contract with Roc Oil for Block 09/05 in Bohai.
8:00 PM EST | May 10, 2012
Roc Oil to Quit Offshore NZ Block
Roc Oil has notified joint venture partners of its withdrawal from offshore exploration block PEP52181, located in the Taranaki Basin, New Zealand.
8:00 PM EST | March 22, 2012
Roc Sells Offshore Mauritania Stakes to Tullow
Roc Oil (Mauritania) 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.
8:00 PM EST | September 22, 2011
ROC Pumps Oil at Zhanghai Block Offshore China
ROC has commenced production from the first appraisal well drilled in the new Zhanghai block.
8:00 PM EST | August 24, 2011
Petronas Enters SFRSC for Balai Cluster Development Offshore Malaysia
Petronas has entered into a Small Field Risk Service Contract for the pre-development and development of the Balai Cluster Fields with a contractor group comprising Roc and Dialog Group.
8:00 PM EST | August 16, 2011
ROC to Sell Stake in Mozambique Block
ROC has agreed to sell its 75% interest in the Juan de Nova Maritime Profond Block to South Atlantic Petroleum.
8:00 PM EST | July 07, 2011
Roc Increases Stake in Zhao Dong Block
ROC advised that the existing Petroleum Contract covering the Zhao Dong Block has been modified with the aim of commercializing previous near field discoveries in the area and encouraging further exploration activity.
8:00 PM EST | March 24, 2011
Roc Resumes Production at Cliff Head
Roc Oil advised that normal production operations at the Cliff Head oil field have resumed.
8:00 PM EST | March 21, 2011