Roc Oil Farms out in PSC for Three Fields Offshore Malaysia

Source: www.gulfoilandgas.com 5/30/2014, Location: Asia

Roc Oil (Sarawak) Sdn Bhd, a wholly owned subsidiary of ROC, has entered into a Letter of Intent to farm-out a 20% participating interest in the Production Sharing Contract (PSC) for the three fields D35, D21 and J4 (Fields), located offshore Malaysia to Dialog Resources Sdn Bhd (Dialog). The Dialog farm-in will reduce ROC's participating interest to 30%. The farm-out is subject to PETRONAS approval, joint venture approval and completion of documentation.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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