ROC's announcement today is interesting in what it omits.
ROC is now heavily cashed up and they explain that the money will be used for upcoming development commitments. But absolutely no mention made of the China leases!
At current oil prices, I imagined China had a much better chance of being economic. But so far nothing from any of the partners confirming this.
I bought another parcel yesterday and hoping for some milestones to be reached soon. Perhaps this week or next week for confirmation of the Vermilion wells coming onstream?
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