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Drilling Update: Perth Basin

10th Apr 2007 07:02

Roc Oil Company Limited10 April 2007 10 April 2007 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE DRILLING ACTIVITY UPDATE: OFFSHORE PERTH BASIN EXPLORATION DRILLING PROGRAMME Roc Oil (WA) Pty Limited advises that as of 2200 hours on 6 April 2007Australian Western Standard Time ("AWST") the "Premium Wilcraft" jack-updrilling rig commenced drilling the Frankland-1 exploration well in WA-286-P inthe Perth Basin about 25 kilometres north of the Cliff Head Oil Field, offshoreWestern Australia. As at 0600 hrs on 10 April 2007 AWST surface casing had been set at 113.5 metresand the current operation was drilling ahead at 850 metres. Frankland-1, the first of a planned three well exploration drilling programme inthe region, is scheduled to reach a Total Depth of 2,210 metres by next week. Participating Interests in WA-286-P are: Roc Oil (WA) Pty Ltd (Operator)........................37.5%AWE Oil (Western Australia) Pty Ltd....................27.5%Wandoo Petroleum Pty Ltd...............................24.0%ARC (Offshore PB) Limited...............................6.0%CIECO Exploration and Production (Australia) Pty Ltd....5.0% 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)207 586 7935 Fax: +44 (0)207 722 3919 Email: [email protected] Nick Lambert Bell Pottinger Corporate & Financial Tel: +44 (0)207 861 3232 This information is provided by RNS The company news service from the London Stock Exchange

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