AGM

Roc Oil Company Limited reported revenue and operating results for the first quarter ended March 31, 2013. For the quarter, the company reported total sales revenue of $57.3 million mainly due to higher sales volume from Blane and a higher realized oil price. For the quarter, the company reported total production of 563,695 boe, including total oil production of 560,206 boe.

Roc Oil Company Limited reported consolidated earnings results for the year ended December 31, 2012. For the year, the company’s sales revenue was $242,067,000 compared to $285,831,000 a year ago. Trading profit was $106,150,000 compared to $107,967,000 a year ago. Profit before income tax was $82,735,000 compared to $80,671,000 a year ago. Net profit was $60,954,000 compared to $27,747,000 a year ago. Diluted earnings per share were 8.8 cents compared to 3.9 cents a year ago. Net cash generated from operating activities was $126,261,000 compared to $43,394,000 a year ago. Payments for plant and equipment were $104,000 compared to $498,000 a year ago. Payments for development expenditure were $59,401,000 compared to $35,379,000 a year ago. Payments for exploration and evaluation expenditure initially capitalized were $19,404,000 compared to $5,711,000 a year ago.