19th Sep 2006 07:04
Roc Oil Company Limited19 September 2006 19 September 2006 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE EXPLORATION DRILLING UPDATE OFFSHORE MAURITANIA Further to its Stock Exchange Release on 12 September 2006, ROC advises that theDana-operated Flamant-1 exploration well in Block 8 has reached a depth of 3,299metres Below Rotary Table ("mBRT"). As at midnight (local time) on 18 September2006 the current operation was preparing to run wireline logs. Flamant-1 is located in a water depth of 1,414 metres approximately 340 kmnorth-west of the Chinguetti Oil Field. On completion of Flamant-1 the Atwood Hunter will drill a second Dana-operatedexploration well, Aigrette-1 in Block 7, before returning to Woodside. Participating interests include: +---------------------------+---------+---------+ | Company | Block 8 | Block 7 | +---------------------------+---------+---------+ |Roc Oil group companies | 2.000%* | 4.950% | |*Option to increase to 5% | | | +---------------------------+---------+---------+ |Dana Petroleum (E&P) |41.500% | 63.850% | |Limited | | | +---------------------------+---------+---------+ |Wintershall AG |25.000% | -- | +---------------------------+---------+---------+ |Hardman group companies |18.000% | 16.200% | +---------------------------+---------+---------+ |Woodside group companies | -- | 15.000% | +---------------------------+---------+---------+ |Gaz de France UK B.V |13.500% | -- | +---------------------------+---------+---------+ For further information please contact:Michelle Manook Dr John Doran onGeneral Manager - Corporate Affairs 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 ExchangeRelated Shares:
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