Rockpool Acquisitions Share Discussion Threads

[goodgrief] 03/9/2009 13:02

Not dissimiliar graph!! :(

[cmabey] 03/9/2009 11:27

GG: Hope you're not referring to the outcome of UEN there... ;-)

[goodgrief] 03/9/2009 10:50

"We wait. We are bored. No, don't protest, we are bored to death, there's no denying it. Good. A diversion comes along and what do we do? We let it go to waste... In an instant all will vanish and we'll be alone once more, in the midst of nothingness!"

[cmabey] 20/8/2009 18:15

GG, quite! Also reminds me of The Unbearable Lightness of Being; only movie I've ever walked out of midway.
Still looking for that reason to hold - and ROC's PR Dept are certainly not helping.

[goodgrief] 20/8/2009 18:03

... the investment equivalent of Godot!

PS. Has anyone ever sat through a production of Waiting for Godot and enjoyed
it? As much fun as holding ROC shares I'd guess.

[cmabey] 20/8/2009 16:13

Christ it's quiet on here. With GKP going ballistic and even TRP surging today, am looking for reasons to hang onto ROC. Anyone care to remind me what we're waiting for news-wise short to medium-term ?

[goodgrief] 05/8/2009 09:23

The secondary listings of stocks such as these never seem to attract much interest...

Anzon expects production upswing at BMG



SYDNEY -- Production testing is under way from the Basker-3 (B3) well in the Bass Strait, according to operator Anzon Australia, a subsidiary of ROC.

This follows the successful installation of a multi-zone SMART completion, designed to optimize selective production from the targeted Basker intra-Latrobe reservoirs. B3 should produce at around 2,000 b/d once the current reservoir clean-up/test program is concluded.

The Basker-7 (B7) development well is currently at a depth of 3,537 m (1,078 m), and should reach target depth of 3,950 m (1,204 m) in the next few days. This well is expected to deliver around 3,000 b/d once tie-in and commissioning work is completed in September.

However, the Basker-2 (B2) well has had to be shut-in and isolated following a minor leak on the subsea choke on the Basker A manifold. Isolation and pressure tests have confirmed the manifold's production integrity, and production is continuing from other wells.

Anzon is working on a repair plan. The Basker-Manta-Gummy (BMG) production system will be offline for around eight weeks from mid-September for inspection and maintenance and installation of a gas compressor package on the Crystal Ocean FPSO. An installation support vessel, due on site to conduct tie-in and commissioning of B7, may also be deployed to accelerate repair of the B2 choke.

BMG is currently procuring at an average of 1,100 b/d, but further additions from B3 and B7 should lift this rate to around 6,000 b/d before the planned downtime in mid-September. Once B2 is also restored, output will increase to around 10,000 b/d.

[cmabey] 21/7/2009 11:16

So, what's woken this sleeping dog up... any ideas?

[cmabey] 15/7/2009 15:07

Steve: I think your wish may just have been granted!

[steve73] 08/7/2009 11:57

thanks eddie - i wish a few more would buy in the market then...!!

[eddie catflap] 08/7/2009 08:08

Second page states......

Eligible shareholders

The offer is open to Australian and New Zealand shareholders on the share
register of ROC on the Record Date of 7.00pm (Sydney time) on 30 June 2009.

(However, don't feel too bad at our exclusion. The placing price is A$0.78 where as the share price is currently A$0.655. Cheaper to buy in the market currently)

* flicks "V's" at Aussies *

[steve73] 05/7/2009 08:20

cm, i think eddie knocked the nail on the head in post 1012...

[cmabey] 03/7/2009 10:31

Steve, can't help you there I'm afraid.

What about the takeover rumours.... these dead now I presume?

[steve73] 02/7/2009 03:21

Rights are only available to ASX shares - is that correct?

Anyone holding the UK shares are not offered as I understand it

Can anyone confirm?

[arja] 29/6/2009 06:55

likely to close at about 78 in oz or aboyt 38p equivalent in Uk . Seems a bit harsh in view of rights terms but predictable !

[eddie catflap] 26/6/2009 22:50

* an offer of approximately 88 million ordinary shares, representing approximately
15% of ROC's issued share capital, at an issue price to be determined under an
institutional bookbuild;

"oversubscibed" (at about 38p)

(I wonder if the "takeover" rumours were mistaken "placing" vibes? Hmmm)

[arja] 26/6/2009 13:04

suspended in OZ but not here . May open down on monday in OZ ( lead market) following the placement as so much dilution. But strong oil price might give some support .

[yangou] 24/6/2009 11:55

Some news here

[yangou] 24/6/2009 11:16

Oh GoodGrief the share price does fall.But think it is just the present sentement in the oil sector just now except for takeovers like ADDAX

[goodgrief] 16/6/2009 15:33

2009 BMG drilling programme to add another 1750 bopd and the share price falls!?

[yangou] 12/6/2009 04:14

Managed a few of AEX cmabey and up already if the cash from the bank is showing in my HL account will try to buy more before any further rise.Great Tip

[steve73] 12/6/2009 03:18

morning charles, I just redscovered Antrim Energy last night. Canadian outfit dual listed on AIM. too lat to buy, but worth another look I think (as it now matches my original entry price)

[cmabey] 11/6/2009 17:31

Morning Steve: will check them out. And am I just? Anything involving holes in the ground... I did have some OYM who are in VN, but got so bored with their underperformance that I sold and stuck it in our friend CEK - which has so far been a very good experience. Bar's open - Cheers!