Roc Plans to Bid for Myanmar’s ‘Frozen in Time’ Oil Fields

Roc Oil Co., an explorer focused on China, Australia and Southeast Asia, is planning to bid for oil and natural gas fields off the coast of Myanmar and is talking with potential local partners to develop the prospects.

Roc is looking to lodge its interest in shallow-water fields by a June 14 deadline set by the government after qualifying earlier this year to bid for onshore licenses, Pierre Eliet, general manager of exploration and geoscience for the Sydney-based company, said today in a phone interview. He declined to name any possible Myanmar partners.