Roc Oil Company

Roc Oil Company Limited was an international petroleum company based in Sydney, Australia.[1] The company was established in 1997 as a privately owned company by John Doran.[2] In 1999, the company went public with an IPO at the Australian Stock Exchange, and in 2004, Roc was listed on the London Stock Exchange.[1] In 2008, Roc Oil merged with Anzon Australia,[3] and in 2014 China's Fosun International conglomerate acquired Roc for AU$474 million.[4]

Roc Oil Company Limited
Public
IndustryPetroleum
FateAcquired by Fosun International
Defunct2014
HeadquartersSydney, Australia
Websitewww.rocoil.com.au

Roc operated oil production facilities in Mauritania, Angola, Malaysia, and China, and in 2013, its last full year of independent operation, produced 2.7 million barrels of oil or equivalent products.[4][1][2][5]

References
  1. "Australia's ROC plans equity issue to finance oil exploration in Angola". Macau Hub. 20 January 2006. Retrieved 14 April 2017.
  2. "Roc Oil colleagues pay tribute to John Doran, dead at 62". The Australian Business Review. 1 July 2008. Retrieved 14 April 2017.
  3. "Roc, Anzon merger approved". Energy News Bulletin. 4 September 2008. Retrieved 14 April 2017.
  4. "China's Fosun agrees $441 million takeover of Australia's Roc Oil". Reuters. 4 August 2014. Retrieved 14 April 2017.
  5. "Fosun Edges Out Competitor for Australia's Roc Oil". The Wall Street Journal. 4 August 2014. Retrieved 14 April 2017.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.