From BT – Roc Oil eyes oil fields off Malaysia


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Dateline 2011-03-17:

 

Roc Oil Co, an explorer planning to sell assets in Africa and focus on Southeast Asia and China, wants to tap oil fields off Malaysia to increase production.

Roc intends to bid for rights to develop fields owned by Petroliam Nasional Bhd, Malaysia’s state energy company, Chief Executive Officer Alan Linn said in an interview in Sydney.

The company is interested in as many as five areas, depending on their size, and has joined with a Malaysian partner to pursue the permits, he said yesterday, declining to name the company.

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