Sale of Saltfleetby Gas Field
2005年1月24日 - 4:01PM
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RNS Number:6943H
Roc Oil Company Limited
24 January 2005
24 January 2005
ROC OIL COMPANY LIMITED ("ROC")
STOCK EXCHANGE RELEASE
ROC CLOSES SALE OF SALTFLEETBY GAS FIELD
Consistent with its public announcements dated 21 December 2004 and 20 January
2005 ROC is pleased to confirm that in London on Friday, 21 January 2005, it
closed the #44 million/A$108.5 million (at current exchange rates) sale of the
Saltfleetby Gas Field to the WINGAS GmbH a joint venture which consists of
Wintershall AG and OAO Gazprom.
Commenting on the placement, ROC's chief Executive Officer, Dr John Doran stated
that:
"Settlement of the sale within three weeks of the effective date is a credit to
all participants. As a result of the receipt of the sale proceeds together with
the monies due from the premium placement announced earlier today ROC has just
over A$200 million in cash and receivables and no debt."
Bruce Clement For further information please contact:
Chief Operating Officer Dr John Doran on
Tel: +61-2-8356-2000
Fax: +61-2-9380-2635
E-mail: jdoran@rocoil.com.au
Or visit ROC's website:
www.rocoil.com.au
Dr Kevin Hird
General Manager Business Development
Tel: +44 (0)207 586 7935
Fax: +44 (0)207 722 3919
Email: khird@rocoil.com.au
Nick Lambert
Bell Pottinger Corporate & Financial
Tel: +44 (0)207 861 3232
This information is provided by RNS
The company news service from the London Stock Exchange
END
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