24th Jan 2007 07:01
Roc Oil Company Limited24 January 2007 24 January 2007 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE OFFSHORE MAURITANIA DRILLING UPDATE CHINGUETTI-18 DEVELOPMENT WELL Further to its Stock Exchange Release on 9 January 2006 regarding theWoodside-operated Chinguetti-18 development well in PSC B, ROC advises that asof 14 January 2007, the well has been drilled to a Total Depth of approximately2,883 metres measured depth, and is scheduled for completion in mid-February. Well results are in line with expectations, with an approximate 213 metre grossoil column (35 metres net) in true vertical depth (TVD) terms, in good qualityreservoir sands which appear well placed to access pressure support from theChinguetti-8 (sidetrack 1) water injection well. Chinguetti-18 is located within the southern part of the Chinguetti Oil and GasField in a water depth of 819 metres, approximately 80 km southwest of theMauritanian capital, Nouakchott. ROC will issue a further announcement on completion of the Chinguetti-18development well. Participating interests are: Company Equity Roc Oil group companies 3.24984% Woodside group companies (Operator) 47.38448% Tullow group companies 19.00800% Societe Mauritanienne des Hydrocarbures 12.00000% BG group companies 10.23440% Premier group companies 8.12328% Michelle ManookGeneral Manager - Corporate Affairs 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 ExchangeRelated Shares:
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