AUSTRALIA

Merging with Horizon is crazy, key ROC Oil shareholder says

Contrarian investment house Allan Gray, which reportedly owns 19.56 per cent of ROC's stock, is not pleased with Horizon's friendly reverse takeover of Roc.

"It seems crazy to us, I don't really understand why they have done such a stupid deal," Allan Gray managing director Simon Marais told the The Australian. Marais was unhappy ROC shareholders were not...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry