20th Feb 2008 07:01
Roc Oil Company Limited20 February 2008 20 February 2008 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE DRILLING UPDATE: FRANKLAND-2 APPRAISAL WELL, OFFSHORE PERTH BASIN Further to ROC's Drilling Activity Update issued this morning in relation to thedrilling of Frankland-2 appraisal well, Roc Oil (WA) Pty Limited advises thatcyclonic activity appears to be abating and de-manning of non essential crew hasbeen put on hold. As at 1200 hours (local time) the Premium "Wilcraft" jack-uprig is currently drilling ahead and has drilled to 1690 mBRT. ROC continues to closely monitor weather conditions. Participating Interests in the WA-286-P joint venture are: Roc Oil (WA) Pty Limited................................... 37.5%AWE Oil (Western Australia) Pty Ltd........................ 27.5%ARC Energy (Offshore PB) Limited........................... 30.0%CIECO Exploration and Production (Australia) Pty Ltd........ 5.0% In accordance with ASX and AIM Rules, the information in this Release has beenreviewed and approved by Dr John Doran, Chief Executive Officer, Roc Oil CompanyLimited, BSc (Hons) Geology, MSc and PhD. Dr Doran, who is a member of theSociety of Petroleum Engineers, has more than 30 years of relevant experiencewithin the industry and consents to the information in the form and context inwhich it appears. Damian FisherGeneral ManagerExternal Affairs & Investor Relations For further information please contact: Dr John Doran on Tel: +61-2-8356-2000 Fax: +61-2-9380-2635 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 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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