Rockpool Acquisitions Share Discussion Threads

[mg1982] 13/9/2017 11:22

!FOLLOWFEED

[markfrankie] 21/12/2014 21:05

well that's the end of roc..... swallowed up by a china co' I held on and didn't accept the offer in the hope I may get a riding share of some sort in the hungry growing 'fosun' got letter today stating a forced buy at 69c, may take a couple of months? bye :-)

[markfrankie] 11/11/2014 18:40

Santander will accept the cheque under a certain $£ value and with only a £10 fee (although you may have to have a Santander account ??)

[steve73] 02/10/2014 09:36

OK - package rec'd today - Fosun...offering A$0.69, approx 50% premium to recent range - now what to do with an Assie $ cheque? Anyone know if I can cash it to a UK bank?

[steve73] 25/9/2014 06:53

Seg - who was the buyer, and what is the closing date? I live in SE Asia, and usually get my mail about 3-4 weeks late...so would be unlikely to be able to take up such offer... even if I wanted to. NAI

[segilla] 20/9/2014 12:17

I live in UK and today I recd a fat package with an offer to buy my 1596 shares which wd give me about £130 before bank charges. Any advice very welcome. Thanks.

[markfrankie] 29/8/2014 14:01

I think there may well be a counter bid from someone else, I don't think we are fosun's just yet

[steve73] 07/8/2014 09:02

if anyone's still around here... Http://www.worldoil.com/Fosun-to-buy-Roc-Oil-for-441-mn-to-end-Horizon-merger.html

[p@] 11/7/2014 08:52

http://www.bloomberg.com/news/2014-07-11/roc-to-consider-takeover-offers-as-horizon-merger-plan-advances.html

[p@] 25/6/2014 08:42

ROC OIL bid- http://www.bloomberg.com/news/2014-06-25/roc-oil-gets-takeover-bid-aimed-at-thwarting-horizon-merger-plan.html

[dougdig] 19/5/2014 20:03

hxxp://www.rocoil.com.au/Resources/Documents/140515_Media-Statement-(2).pdf AGM - 27 May.

[mirabilis2] 29/1/2014 17:53

hxxp://www.rigzone.com/news/oil_gas/a/131326/ROCs_Revenue_in_4Q_2013_Grows_15_to_69M_Amid_Higher_Production

[markfrankie] 14/11/2013 22:49

Cheers, Mira

[mirabilis2] 31/10/2013 17:32

"Mid cap oil producer Roc Oil (ROC) has several options for growth ahead but honing of the development and exploration focus may be necessary. Brokers also have suggestions for what the company can do with its robust cash flow." hxxp://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=7A2078BF-EF4B-68F8-BF2DB010CF5C49D1 (May need to copy and paste link)

[schober] 20/8/2013 09:19

a bit of good news; share price = 54c hxxp://www.rocoil.com.au/Investor-Centre/Announcements/2013/Release_190813_Beibu-ZW12-8.pdf ................ final stage of the Beibu Gulf Block 22/12 development drilling has been completed with the successful conclusion of the five well drilling programme on the WZ 12-8 West field ..................... Commenting on delivery of this strategic milestone, ROC's CEO Mr Alan Linn said: "The demobilisation of the COSL HYSY 931 drilling rig completes the fifteen well Beibu Gulf development programme, designed to maximise production from both the original field development plan and development of the additional reserves discovered during the successful 2012 Beibu near field exploration campaign. All fifteen wells are expected to be online during 3Q13 delivering daily project production rate of approximately 15,000 barrels of oil per day (2,940 BOPD net to ROC)...........................

[dougdig] 10/5/2013 11:27

10 May 2013 ASX RELEASE CHAIRMAN'S ADDRESS TO SHAREHOLDERS AND AGM PRESENTATION Attached is the Chairman's address to shareholders and AGM presentation being presented today in Sydney at ROC's AGM. A copy of the presentation is also available on ROC's website: http://www.rocoil.com.au/Investor-Centre/Presentations/ Alan Linn Executive Director & Chief Executive Officer For further information please contact: David Slack-Smith General Manager Investor Relations & Corporate Affairs Tel: [phone] Email: [e-mail] 1 | P a g e CHAIRMAN'S ADDRESS The Annual General Meeting provides an opportunity to not only review the past year – it allows your directors and senior management to talk about the year ahead and the future direction and strategy of your company. In my report to shareholders contained in the Annual Report I deal with some of the key issues over the last year and some important strategic steps going forward. It is worth for the moment recapping on the financial performance of the last year. The underlying business profitability and liquidity improved appreciably in the year ended 21 December 2012. Additionally, and equally importantly, we operated safely and had no material environmental incidents at our operations. In summary, we have made good progress in the year building on the strategy put in place 3 years ago to restructure and refocus the Company. The new year has also started well on a number of fronts. We released our quarterly activity report to the market on 29 April. Year to date, our production is on track with our guidance. Importantly, we have had a number of milestones with the delivery of first oil at Beibu in March, on time and on budget. The project is ramping production up in line with the project schedule with more wells being brought on line over may/June. We have had some success in Malaysia with the initial results from the appraisal wells in the Balai cluster project. In the year ahead we see production from Beibu reaching plateau levels in late 2013; further operational enhancements; and additional drilling at Zhao Dong also contributing to production rates. Blane, our non-operated North Sea project, is performing ahead of forecast, which is pleasing after a period where production was shut in. From a strategic perspective, developing our Malaysian opportunity with our partners is a key imperative. For this project, 2013 will be crucial as a number of key milestones will have to be achieved which include: 2 | P a g e • Completion of pre-development phase; • Agreement with partners as to economic viability; and • Submission by the joint operating company, BC Petroleum (ROC 48%), of the field development plan. Additional complementary China projects are under review as is advancing the rebuilding of our exploration function, which is progressing. The CEO's report will demonstrate the depth and level of activity currently being undertaken by the Company. The share price last year came off a low in December 2011. It performed well in the year and in the first few months of this year but has since given up some of those gains. I think there is now a better recognition of what we are doing and how we are executing. While one cannot predict which way the markets will go, as they are very fickle at present, the Board and executives' focus is very much on the profitable execution of the business strategy, recognition from the market and value enhancement will follow. We have to a degree seen this in the last 12 months. We are focused on ensuring this continues. I want to take a moment to talk about last year's first strike against the remuneration report and the steps taken by the Board to address this issue. At the Company's 2012 AGM, the Company received votes against its Remuneration Report greater than 25% of the votes cast. At the time of this 'first strike', the Company's corporate and remuneration strategies were already in place for 2012. The Company and Board have engaged at length with various stakeholders since then. During 2012, the Remuneration Committee, on behalf of the Board, engaged remuneration consultant Aon Hewitt to undertake a comprehensive compensation review across the organisation globally. In the review it was recognised that demonstrating the link between pay and performance was critical to stakeholders and a key component and outcome of the review was the linking more closely with performance. As a result of engagement with proxy advisers and stakeholders, the resolution to be put to the meeting pertaining to remuneration has received overwhelming support and this will be disclosed later in the meeting. A consequence of the review is that key changes have been made to the CEO Alan Linn's performance linked pay with effect from 1 January 2013 and will be made to all senior management performance linked pay from 1 January 2014. 3 | P a g e These changes see short terms bonuses historically paid in cash being paid partly in cash and partly in deferred equity. Changes are also to be made to the performance conditions attaching to equity rights granted under ROC's long term incentive plan. In line with market trends and stakeholder feedback, the "continuous employment" and "absolute shareholder return" conditions are to be removed altogether as they are considered not sufficiently demanding. Consideration has been given to the inclusion of a pure accounting performance measure such as earnings per share but this condition was regarded as no longer consistent with market practices across peer groups and was also seen as unreliable in variable economic conditions. Following a detailed assessment of current market practices and peer group long term incentive plans, the Company will proceed with two performance conditions attaching to rights to equity granted under the long term incentive plan based on relative total shareholder return or TSR measured over three years against two different peers groups; an indexed group and a selected and disclosed comparator group. Going forward we believe that these two conditions will be both motivating and challenging and will require outperformance by senior management against very clear external benchmarks. At this meeting the Board is asking you to approve the equity components of the short and long term incentive awards to Mr Linn for 2012 performance which are all based on these proposed changes. In conclusion we have had a good year but the job ahead is to build on this and ensure that this translates into improved share price and underlying fundamentals of your business. This will ensure long term shareholder value is achieved. I want to thank the Board, Alan Linn and his management team and staff for their efforts during the year. To shareholders, on behalf of the Board we also thank you for your continued support and look forward to a positive and profitable 2013 and beyond. Andrew J Love 10 May 2013 http://markets.ft.com/research/InteractiveChart?symbol=243879&options={"StartDate":null,"EndDate":null,"LowerIndicator":[{"Args":[{"Type":0,"Value":14}],"Code":21,"UID":507938724}],"UpperIndicator":[],"Overlay":[],"ChartStyle":3,"ChartScale":1,"CursorStyle":1,"Interval":6,"Duration":6,"Comparison":[],"PortfolioName":null,"Width":950,"Height":400,"ActiveTool":null}

[markfrankie] 18/2/2013 23:16

2013 looking good

[markfrankie] 17/2/2013 21:10

all going very well here, near on ~100% up since undervalued report :-)

[markfrankie] 09/1/2013 23:33

http://uk.advfn.com/news/DJN/2012/article/55035492

[markfrankie] 29/12/2012 22:38

sounds good: malaysia opposition leader Anwar Ibrahim (peoples justice party) seeks petronas policy shift: south east asia, Anwar is set to challenge Najib (prime minister) early 2013. Roc have agreed to help exploit the marginal fields..... yep Malaysia here we come !!!!!!!!!!!!!!! (i hope)

[markfrankie] 21/11/2012 00:07

ROC:asx are still going up :-) whish we could get australian shares on this bb i had DGO at the top of my wish list a wee while back, im still kicking myself

[markfrankie] 06/11/2012 22:05

sorry ive messed up it was meant to be roc australia :-(

[markfrankie] 29/10/2012 15:57

im still to convert my paper shares into international trader account too