No one is more aware of this than Roc’s general manager for business development Kevin Hird, who is based in London.
“It’s not a bad ‘problem’ to have,” he said.
ROC Oils completion of the purchase of Apache Energys interest offshore China this month is a double-edged sword. It is undoubtedly a coup that has doubled Rocs reserves and more than doubled its production. But it also means the company must take a much bigger bite to make the next proportional growth move or make a much bigger discovery. By RICK WILKINSON
No one is more aware of this than Roc’s general manager for business development Kevin Hird, who is based in London.
“It’s not a bad ‘problem’ to have,” he said.