Roc Oil Company
Company type | Public |
---|---|
Industry | Petroleum |
Defunct | 2014 |
Fate | Acquired by Fosun International |
Headquarters | Sydney, Australia |
Website | www.rocoil.com.au |
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 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
- ^ a b c "Australia's ROC plans equity issue to finance oil exploration in Angola". Macau Hub. 20 January 2006. Retrieved 14 April 2017.
- ^ a b "Roc Oil colleagues pay tribute to John Doran, dead at 62". The Australian Business Review. 1 July 2008. Retrieved 14 April 2017.
- ^ "Roc, Anzon merger approved". Energy News Bulletin. 4 September 2008. Retrieved 14 April 2017.
- ^ a b "China's Fosun agrees $441 million takeover of Australia's Roc Oil". Reuters. 4 August 2014. Retrieved 14 April 2017.
- ^ "Fosun Edges Out Competitor for Australia's Roc Oil". The Wall Street Journal. 4 August 2014. Retrieved 14 April 2017.
External links
Categories:
- Oil companies of Australia
- Defunct oil companies
- Defunct companies of Australia
- Australian companies established in 1997
- Energy companies established in 1997
- Non-renewable resource companies established in 1997
- Companies disestablished in 2014
- 2014 disestablishments in Australia
- Petroleum company stubs
- Australian company stubs