24th Sep 2008 07:00
24 September 2008
ROC OIL COMPANY LIMITED ("ROC")
STOCK EXCHANGE RELEASE
Activity Update: Drilling
Cabinda South Block, Onshore Angola (ROC: 60% & Operator)
Roc Oil (Cabinda) Company, a wholly owned subsidiary of ROC, advises that the Arroz-1 exploration well has reached a Total Depth of 2217 mBRT. Final wireline logging indicated minor hydrocarbon shows and the well is currently being plugged and abandoned.
Arroz-1 was the seventh and final exploration well in the programme that began with the Massambala-1 well in June 2007.
Participating Interests in the Cabinda South Block are:
Roc Group Companies (Operator) 60%
Force Petroleum Limited 20%
Sonangol P&P S.A. 20%
Matthew Gerber
Manager
Investor Relations & External Affairs
For further information please contact:
Mr Bruce Clement
Acting Chief Executive Officer
Tel: +61-2-8356-2000
Email: [email protected]
Mr Matthew Gerber
Manager, Investor Relations & External Affairs
Tel: +61 -2- 8356 2000
Fax: +61-2-9380-2066
Email: [email protected]
Or visit ROC's website: www.rocoil.com.au
Dr Kevin Hird
General Manager - Business Development
Tel: +44 (0)20 7495 5707/+61 (0)2 8356 2000
Mob: +44 (0)7751 3671 49/+61 (0)417 261 727
Email: [email protected]
Michael Shaw
Oriel Securities Limited (Nominated Adviser)
Tel: +44 (0)20 7710 7600
Bobby Morse
Buchanan Communications
Tel: + 44 (0)20 7466 5000
Fax: + 44 (0)20 7466 5001
E-Mail: [email protected]
Mob: +44 (0)7802 875 227
In accordance with ASX and AIM Rules, the information in this Release has been reviewed and approved by John Mebberson, General Manager, Exploration, Roc Oil Company Limited, BSc Geology. Mr Mebberson, who is a member of the American Association of Petroleum Geologists, has more than 30 years relevant experience within the industry and consents to the information in the form and context in which it appears.
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