re: hdr / roc halt My guess:ROC to pre-empt the sale of HDR's...

re: hdr / roc halt My guess:

ROC to pre-empt the sale of HDR's ENI acreage to BG, and then on-sell the bulk of it to ExxonMobil, keeping a couple of % to bring ROC's share of Area A & B to about 5-6%. Capital raising to fund the cost of the few % kept by ROC, + China drilling, + Cliffhead development, + Equatorial Guineau drilling.

Probably way off the mark but seems more likely to me than HDR taking a stake in ROC or vice-versa.