View in Other Languages Australian Market Report of January 31, 2011: Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA): Joint Venture Achieved Milestone In China Oil Fields Development 2011年1月31日澳洲股市:洛克石油(ASX:ROC)、Horizon Oil (ASX:HZN)及Petsec Energy (ASX:PSA)实现合资开发中国油田的阶段性进展 Laporan Pasar Australia 31 Januari 2011: Kerjasama antara Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA) Telah Mencapai Tahap Pembangunan Ladang Minyak di Cina. Australischer Marktbericht, 31. Januar 2011: Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA): Joint Venture erreicht Meilenstein in China's Ölfelder-Entwicklung Reporte del Mercado Australiano del 31 de enero de 2011: Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA): Empresa Conjunta Logra Hito en el Desarrollo de Campos de Petroleo en China 2011년 1월31일 호주 시장보고서: Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA)간의 합작 투자사, 중국 유전 개발 이정표 수립 オーストラリア市場レポート 2011年1月31日:Roc Oil (ASX:ROC)、 Horizon Oil (ASX:HZN)、 Petsec Energy (ASX:PSA)三社のジョイント企業は中国油田発展において画期的な目標を達成 2011年1月31日澳洲股市:洛克石油(ASX:ROC)、Horizon Oil (ASX:HZN)及Petsec Energy (ASX:PSA)實現合資開發中國油田的階段性進展 تقرير السوق الاسترالية ليوم 31 كانون الثاني/يناير، 2011: حقق المشروع المشترك لشركات Roc Oil ASX:ROC، Horizon Oil ،ASX:HZN Petsec Energy ASX:PSA خطوة هامة لتطوير حقول نفطية في الصين. 
Australian Market Report of January 31, 2011: Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA): Joint Venture Achieved Milestone In China Oil Fields Development
Australian Market Report of January 31, 2011: Roc Oil (ASX:ROC), Horizon Oil (ASX:HZN), Petsec Energy (ASX:PSA): Joint Venture Achieved Milestone In China Oil Fields Development

Sydney, Jan 31, 2011 AEST (ABN Newswire) - China National Offshore Oil Company Limited ("CNOOC") (googlechartHKG:0883) (googlechartNYSE:CEO) has approved the Project Investment and the Overall Development Plan for the development of the three oil fields in Block 22/12, Beibu Gulf, China, a joint venture project among CNOOC (51.00%), Roc Oil (China) Company Limited (googlechartASX:ROC) (19.60%), Horizon Oil (Beibu) Limited (googlechartASX:HZN) (googlechartPINK:HZNFF) (14.70%), Petsec Energy Limited (googlechartASX:PSA) and Oil Australia Pty Ltd (Majuko Corp) (2.45%). The project has an estimated gross 2P reserve of 24 MMbbl of oil and the first oil production is expected before year end 2012.

Copper Strike Limited (googlechartASX:CSE) signed a Placement Agreement with Beijing Jintai Yuanchung Mining Co. Ltd and Taifeng Group Limited to raised A$5.822M through a share placement and further A$5.64M through an option placement. The funds will be used to advance the development of the Einasleigh Project in North Queensland, where Copper Strike has discovered two copper-gold-silver deposits and four zinc-lead-silver deposits.

Jupiter Mines Limited (googlechartASX:JMS) has successfully placed 142.9 million New Ordinary Shares at 70 cents per share to raise approximately A$100 million. To further issue 71,428,571 New Ordinary Shares at 70 cents per share is also planned to raise additional A$50 million. The funds will be used to develop Jupiter's 49.9% owned Tshipi Borwa Manganese project located in South Africa, and to fast-track both the 100% owned Mt Ida Magnetite Project and Mt Mason DSO Iron Project in Western Australia.

Viralytics Limited (googlechartASX:VLA) (googlechartPINK:VRACY) has received a notice from China for the grant of a patent involving of the use of CAVATAKTM RNA as an anti-cancer agent in human melanoma. Cavatak is the trade name of Coxsackievirus A21 (CVA21), a human virus that occurs naturally in the community and is associated with a common cold-like illness. Previous studies have indicated that Cavatak may have a future role in the treatment of melanoma and other cancers in humans. A Phase 1 study has commenced in 2005 with further human studies planned.

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