TSXV:ROZ - Post Discussion
Post by
birdie22 on Jul 20, 2013 7:54pm
A bit of History on ROZ from Website.
Check out the last item in 2009.
Today, Rodinia has an estimated 85 per cent working interest in 23 million acres of land containing prospective (recoverable) un-risked, undiscovered resources totaling 125.7 billion barrels of oil.The independent resource-evaluation firm, Ryder Scott Company Consultants Ltd. (Ryder Scott), has estimated that of this amount, the first 10 drilling locations are estimated to contain 26.2 billion barrels of oil.
In May of 2010, Rodinia began trading publicly on the TSX Venture Exchange under ROZ.
Milestones
2006
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Officer Basin Energy Inc. is established
2007
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Farm-out 20% working interest of PEL 81 & 253 for $6.75MM (Feb)
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Registered Special Prospecting Authorities (SPA) 5 & 6 and PELA 351
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Two financings raise $11 million (Aug)
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Farm-in on Georgina Basin (Nov)
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Aeromagnetics & aerogravity programs in the Western Australian section of the Officer Basin are completed (14,500 km)
2008
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Officer Basin Energy, Inc. becomes Rodinia Oil Corp.
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Phase I of seismic program covering 985 km is completed
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Resource Evaluation conducted by independent resource evaluation firm Ryder Scott
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Registered PELA 445 in S.A.
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Rights Offering closed ($1.4 million)
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Jim Buckee, former CEO of Talisman Energy, is appointed to Rodinia's Board of Directors
2009
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Phase II of the seismic program, covering 526 km completed in March
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10 drill leads identified on seismic
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Wester Australia SPAs converted to Exploration Permit Applications (EPA)
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Rodinia divests its interests in the Georgina Basin to Australia Energy Corp. ("AEC") for 2 million shares of AEC
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Independent reservoir-evaluation firm Ryder Scott publishes Fair Market Value Report on Rodinia Oil Corp., estimating the fair market value of the Corporations land holdings at CAD $77 million
2010
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Rodinia files preliminary long form prospectus in April (see www.sedar.com for further details)
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Final prospectus filed in May (see www.sedar.com for further details)
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Rodinia announces Initial Public Offering on May 28th, 2010 and begins public trading
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Rodinia closes IPO over-allotment option
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Rodinia granted two new Petroleum Exploration Permit Applications (EPA) for the Officer Basin in Western Australia.
2011
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Entered into a Deed of Access with the Australian Department of Defence to explore within the
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Woomera Prohibited Area, South Australia (PEL 81)
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The first well of Rodinia's exploratory wildcat drilling program, Mulyawara-1 (PEL 253) spuds
June 9, 2011
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Mulyawara-1 reachs a total measured depth of 2691.3 meters in October 2011 and was officially plugged and abandoned
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Rodinia adopts a Shareholder Rights Plan in October 2011
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The second well of Rodinia's exploratory wildcat drilling program, Kutjara-1 (PEL 253)
spuds November 3, 2011, reaches a total measured depth of 2,453.7 meters and
is plugged and abandoned
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