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Roc takes a hit on reserve downgrade

SHARES in Roc Oil have dropped 26.7% this morning after the company said its reserves might drop ...

Marija Stojkovic

Roc expects its remaining gross 2P reserves at the BMG project as at December 31, 2009, to drop from 18 million barrels to 3-5MMbbl, subject to further development activity. The downgrade follows preliminary...

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