Rocksource ASA (RGT) - Oil & Gas - Deals and Alliances Profile
 
Published Date: 17 Jul 2015
Format:
No of Pages: 64
Pricing: $ 250.00 - Single User
$ 500.00 - Site License
$ 750.00 - Global License
 
URL: http://www.bharatbook.com/oil-gas-market-research-reports-312441/rocksource-asa2.html

Abstract

Summary

Rocksource ASA (Rocksource) is an oil and gas company that focus on the Norwegian Continental Shelf (NCS). The Company’s exploration model is to apply in depth geological knowledge complemented by advanced seismic and EM analysis supported by commercial expertise and capital discipline. The company’s core area of focus is Norwegian Continental Shelf (NCS) with acreage positions in the the Norwegian Sea, North Sea, and the Barents Sea. Rocksource holds 19 licenses on the NCS and four leases in the Gulf of Mexico (GoM). Prior to exploration decisions, the company uses electromagnetic technology and special geophysical studies and integrates with the data and information available for assisting in polarising prospect risk. The company operates subsidiaries in Norway, the US and the UK. Rocksource is headquartered in Bergen, Norway.

Rocksource ASA (RGT) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table Of Content

Table of Contents

Table of Contents 2
List of Tables 4
List of Figures 5
Rocksource ASA, Oil & Gas, Deals By Year, 2009 to YTD 2015 6
Rocksource ASA, Oil & Gas Deals By Type, 2009 to YTD 2015 7
Rocksource ASA, Oil & Gas, Deals By Region, 2009 to YTD 2015 8
Rocksource ASA, Oil & Gas, Deals By Sector, 2009 to YTD 2015 9
Rocksource ASA, Oil & Gas, Deals Summary, 2009 to YTD 2015 10
Rocksource ASA, Oil & Gas, Deal Details 11
Asset Purchase 11
Rocksource Acquires 10% Interest In Licenses PL 509S And PL 509BS In Norwegian North Sea From Fortis Petroleum 11
Rocksource To Acquire 15% Stake In Production License In Norwegian Sea 12
Rocksource To Acquire Equity Interest In Eight Offshore Leases From Focus Exploration 13
Private Equity 14
HitecVision Makes Mandatory Offer To Acquire Remaining 66.66% Stake In Rocksource 14
HitecVision Completes Acquisition Of 31.24% Stake In Rocksource For US$28.1 Million 16
Equity Offering 18
Rocksource Completes Rights Offering Of Shares For US$27.4 Million 18
Rocksource Completes Rights Offering Of Subscription Rights For US$7.2 Million 20
Rocksource Completes Offering Of Common Stock For US$0.06 Million 22
Rocksource Completes Private Placement Of US$19.57 Million 23
Asset Transactions 24
Statoil To Acquire Additional 10% Interest In PL602 License In Norwegian North Sea From Rocksource 24
Atlantic Petroleum Completes Acquisition Of 15% Interest In PL 528/PL 528B From Rocksource 25
Explora Petroleum Completes Acquisition Of 10% Interest In PL 559 Offshore Norway From Rocksource 26
Valiant Petroleum Norge Completes Acquisition Of Interests In Oil And Gas Assets In Norwegian Continental Shelf From Rocksource For US$18.6 Million 27
Rocksource Sells US Onshore Assets For US$9.35 Million 28
Noble Energy Acquires 30% Interest In AGC Profond Block Offshore West Africa From Ophir Energy And Rocksource For US$40 Million 29
Acquisition 31
Larsen Oil & Gas Completes Acquisition Of Additional 7.1% Stake In Rocksource For US$1.4 million (MM) 31
Venture Drilling Acquires 1.16% Stake In Rocksource 33
Rocksource Acquires 35.9% Stake In TechnoImaging For US$5.4 Million 34
Rocksource ASA - Key Competitors 35
Key Employees 36
Locations And Subsidiaries 37
Head Office 37
Other Locations & Subsidiaries 37
Recent Developments 38
License Awards 38
Jan 20, 2015: Rocksource Announces Successful APA 2014 Awards 38
Recent Discoveries 39
Jul 11, 2014: Rocksource Announces Oil Discovery On Bue And Follow-Up Drilling In 2015 39
Apr 10, 2014: Rocksource ASA Successful Well Test on the PIL Discovery; Two Sidetracks Approved 40
Mar 06, 2014: Rocksource Announces Oil And Gas Discovery In The Pil Well In The Norwegian Sea 41
Drilling and Production Updates 42
Jun 22, 2015: Tullow Oil: Norway Exploration Well Update 42
Oct 06, 2014: Rocksource Announces Spud Of The PL 528 Ivory Well 43
Apr 28, 2014: Rocksource Announces Start of the PL 586 Sidetrack 44
Feb 10, 2014: Rocksource Provides Update On the Langlitinden Operations 45
Financial Announcements 46
May 21, 2015: ROCKSOURCE Announces 1Q 2015 Financial Results 46
Apr 24, 2015: Rocksource Announces 2014 Financial Statement And Report 47
Feb 27, 2015: Rocksource - 4Q 2014 Financial Results 48
Aug 26, 2014: Rocksource: 2Q 2014 Financial Results 49
Aug 19, 2014: Rocksource Provides General Operational And Financia Update 50
May 28, 2014: Rocksource – 1Q 2014 Financial Results 52
Feb 12, 2014: Rocksource Q4 2013 Financial Results 53
Other Significant Developments 54
Jun 23, 2015: Rex International: Update On Zumba Exploration Well In PL591 In Norway 54
Jun 23, 2015: VNG Norge: Spud Of Well In The Boomerang prospect, PL586 55
Jun 11, 2015: Rocksource Appoints Roar Tessem As New CEO 56
Jun 01, 2015: Rocksource: Changes To Senior Management Positions 57
Nov 18, 2014: Rocksource Announces 3Q 2014 Financial Results 58
Aug 01, 2014: Rocksource: Terje Arnesen Appointed New Rocksource CEO 59
May 27, 2014: Rocksource Provides Update From The PIL Appraisal Well 60
Feb 21, 2014: Det norske Operational Update - Norway 61
Jan 29, 2014: Rocksource Chief Financial Officer Tommy Sundt To Step Down 62
Jan 29, 2014: Rocksource Relocates All Operations To Its Bergen Office 63
Appendix 64
Methodology 64
About GlobalData 64
Contact Us 64
Disclaimer 64

List of Tables

Rocksource ASA, Oil & Gas, Key Facts, 2014 1
Rocksource ASA, Oil & Gas, Deals Summary, 2009 to YTD 2015 1
Rocksource ASA, Oil & Gas, Deals By Year, 2009 to YTD 2015 6
Rocksource ASA, Oil & Gas Deals By Type, 2009 to YTD 2015 7
Rocksource ASA, Oil & Gas, Deals By Region, 2009 to YTD 2015 8
Rocksource ASA, Deals By Sector, 2009 to YTD 2015 9
Rocksource ASA, Oil & Gas, Deals Summary, 2009 to YTD 2015 10
Rocksource Acquires 10% Interest In Licenses PL 509S And PL 509BS In Norwegian North Sea From Fortis Petroleum 11
Rocksource To Acquire 15% Stake In Production License In Norwegian Sea 12
Rocksource To Acquire Equity Interest In Eight Offshore Leases From Focus Exploration 13
HitecVision Makes Mandatory Offer To Acquire Remaining 66.66% Stake In Rocksource 14
HitecVision Completes Acquisition Of 31.24% Stake In Rocksource For US$28.1 Million 16
Rocksource Completes Rights Offering Of Shares For US$27.4 Million 18
Rocksource Completes Rights Offering Of Subscription Rights For US$7.2 Million 20
Rocksource Completes Offering Of Common Stock For US$0.06 Million 22
Rocksource Completes Private Placement Of US$19.57 Million 23
Statoil To Acquire Additional 10% Interest In PL602 License In Norwegian North Sea From Rocksource 24
Atlantic Petroleum Completes Acquisition Of 15% Interest In PL 528/PL 528B From Rocksource 25
Explora Petroleum Completes Acquisition Of 10% Interest In PL 559 Offshore Norway From Rocksource 26
Valiant Petroleum Norge Completes Acquisition Of Interests In Oil And Gas Assets In Norwegian Continental Shelf From Rocksource For US$18.6 Million 27
Rocksource Sells US Onshore Assets For US$9.35 Million 28
Noble Energy Acquires 30% Interest In AGC Profond Block Offshore West Africa From Ophir Energy And Rocksource For US$40 Million 29
Larsen Oil & Gas Completes Acquisition Of Additional 7.1% Stake In Rocksource For US$1.4 million (MM) 31
Venture Drilling Acquires 1.16% Stake In Rocksource 33
Rocksource Acquires 35.9% Stake In TechnoImaging For US$5.4 Million 34
Rocksource ASA, Key Competitors 35
Rocksource ASA, Key Employees 36
Rocksource ASA, Other Locations 37
Rocksource ASA, Subsidiaries 37

List of Figures

Rocksource ASA, Oil & Gas, Deals by Type, 2009 to YTD 2015 1
Rocksource ASA, Oil & Gas, Deals By Year, 2009 to YTD 2015 1
Rocksource ASA, Oil & Gas, Deals By Region, 2009 to YTD 2015 1
Rocksource ASA, Oil & Gas, Deals By Sector, 2009 to YTD 2015 1
Rocksource ASA, Oil & Gas, Deals By Year, 2009 to YTD 2015 6
Rocksource ASA, Oil & Gas, Deals by Type, 2009 to YTD 2015 7
Rocksource ASA, Oil & Gas, Deals By Region, 2009 to YTD 2015 8
Rocksource ASA, Oil & Gas, Deals by Sector, 2009 to YTD 2015 9