Rockpool Acquisitions Share Discussion Threads

[dunderheed] 26/3/2009 06:57

I saw 'value' here at much higher prices - obviously now the oil price is lower this is reduced - however they are in psc agreements hence have free oil post costs - thus whilst they are affected by lower oil price not so much to companies in concession agreements.
I am a litle worried about the (potential) rig liabilities but apart from that see this as very good value - but bear in mind was saying that at a lot higher prices - am no longer a holder hasten to add - no cash at the moment!!

[robwoodt] 26/3/2009 06:44

very much so, i put a lot of info together on a blog for new investors, the link is on the Afren BB, i won't plug it here this is the ROC thread..

What's your take here Dunderheed?

[dunderheed] 26/3/2009 06:42

rob - you certainly did well over on AFR though - that certainly looked to good to be true as well?!
Probably still very good value as well.

[robwoodt] 26/3/2009 03:52

I've got the %'s for each field, could someone who know ROC tell me out of the 12,000 what is there share?

[poo bear] 25/3/2009 17:50

Thanks arja you too.

[arja] 25/3/2009 11:53

hi poo bear ,
ROC now looking interesting on chart with 43.5 close in OZ. Looks like it could head to 50 as a minimum target assuming oil price holds up. I prefer to play them in OZ and bought some early in session as I hate MMs and their wide % spreads here in Uk. Good luck .

[poo bear] 25/3/2009 07:30

This will give you an up to date idea of figures.

[robwoodt] 25/3/2009 06:40

Just running my eyes over this and would appreciate it if someone could confirm if i'm correct

circa 12,000 bopd production
168m debt, 54m cash
Reserves 24m (2P) + 24m Contigent
Operating cost $15 BBL

1 question: what percentage of oil produced is ROC entitled too.

Cheers

[poo bear] 25/3/2009 06:14

One of my trusted posters on HC indicates strong rumour of interest by Santos.

We shall see!

[poo bear] 25/3/2009 06:09

She's rising!

Up another 8.75% in Oz.

[spursmatt99] 24/3/2009 17:53

Premium for quantity could be a very good sign.

[wrightey] 24/3/2009 16:54

An odd buy at 15.19 of 55000 shares at 23p, wonder if it is a fat finger error.

[poo bear] 24/3/2009 12:37

Market appears to be waking up to these many many others.

True value in oilers yet to be fully realised in the share price

[poo bear] 23/3/2009 15:17

ASX link repaired in header.

[poo bear] 23/3/2009 12:44

I really must read everything i see............!

Thank you ivan.

[ivanleg] 23/3/2009 12:36

Hotcopper is actually ONLINE now.

It goes offline for a few hours around 8am on Tuesday GMT.

"The HotCopper website will be unavailable for a period of approximately three hours in the window between 6:00pm and 9:00pm AEST Tuesday 24th March 2008.
"

AEST = aussie eastern standard time which is about 11 hours or so ahead of GMT.

[wrightey] 23/3/2009 12:33

Thanks poo, it's off line for mantainance.

[poo bear] 23/3/2009 11:41

I only know of hotcopper........



site currently offline

[wrightey] 23/3/2009 09:07

Anyone know if there are BB in OZ, for shares, such as ADVFN, if so their web addresses.

[poo bear] 23/3/2009 08:15

Good morning

At these prices I would think ROC are a very attractive takeover target.

I note very much increased chatter at hotcopper, always a good sign of interest in the stock

[spursmatt99] 23/3/2009 07:28

up 10% in aus.

[spursmatt99] 20/3/2009 18:21

volume picking up this afternoon.

[spursmatt99] 18/3/2009 12:27

Could ROC be vulnerable to a takeover? I seem to recall the management highlighting that possibility a while back.