NEWS ARCHIVE

Roc's African exit continues

ROC Oil's exit from Africa has continued, with the company offloading its 10% interest in the Cabinda Onshore South Block in Angola to Plus Petrol Angola for $US5 million ($A4.56 million).

The deal is subject to notification of the joint venture and receipt of government approvals. Roc chief executive Alan Linn said the divestment was part of Roc's strategy to switch its focus from Africa...

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