Hi guys I have been thinking about this . I am also firmly of the view that this isn't TO of HZN as it does not fit with ROCs articulated strategy of a concentration on ASIA as well as a focus on oil vs gas .
Given roc is in affect cash rich and Cashflow rich at present acquiring some of HZN assets the more likely scenario
An acquisition of Beibu even if they paid 45 dollars per 2 p reserve barrel would be fine as it as reserve upside
Anyways - I agree acquiring Maari would not excite me , and although the gas assets seem great , I can't see them extending themselves for those
Let's see what the outcome is , could range from Negative to nuetral to positive
ROC Price at posting:
45.5¢ Sentiment: LT Buy Disclosure: Held
