The company reported sales revenue of A$179.8 million for the first half of 2008, a 121% increase, compared to A$81.5 million for the same period of 2007.
Net cash flow from operations was A$86.1 million, up 81% from A$47.7 million in the first half of 2007 due to increased production and higher oil prices. The first half trading profit was A$101.1 million, up 178% from A$36.4 million in the same period of 2007.
Bruce Clement, acting CEO of Roc Oil, said: The death of Roc’s founder and CEO, John Doran, was a major loss to both Roc and to the Australian oil industry as a whole. I want to acknowledge the enormous contribution that John made in establishing and building the company to where it is today.
