Norway's Rocksource is putting its 2012 exploration drilling plans on hold as it looks to build up a stronger financial base, the company said. Announcing a net loss for Q4 2011 of US $18.5m, compared to a loss of $12m in the same period in 2010, Rocksource said it would focus on "re-establishing the company as an offensive explorer with prime focus on the Norwegian Continental Shelf (NCS)".
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