1st Apr 2008 07:01
Roc Oil Company Limited01 April 2008 1 April 2008 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE DRILLING ACTIVITY UPDATE: DUNSBOROUGH-2, OFFSHORE PERTH BASIN, WESTERN AUSTRALIA Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, advises that, sinceits last Stock Exchange Release on 28 March 2008, the Dunsborough-2 appraisalwell in WA-286-P in the offshore Perth Basin, Western Australia, has reached aTotal Depth of 1,680 mBRT and a wireline logging programme is underway. Thepreliminary results of the initial logging indicate that the previously reportedoil shows seen in core may be residual (non-producible) oil saturations.However, pressure data and fluid samples need to be fully analysed in order toallow a definitive interpretation to be made. This should happen within the next24 hours. Participating Interests in the WA-286-P Joint Venture are: Roc Oil (WA) Pty Limited (Operator)..................37.5% ARC Energy (Offshore PB) Limited.....................30.0% AWE Oil (Western Australia) Pty Ltd..................27.5% CIECO Energy 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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