Rockpool Acqui Regulatory News (ROC)

30 Apr 2008 07:02

Roc Oil Company Limited30 April 2008 30 April 2008 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE ACTIVITY UPDATE: DRILLING 1. Offshore Mauritania Roc Oil (Mauritania) Company, a wholly owned subsidiary of ROC, advises that asat 0100 hours (local time) on 28 April 2008, the Banda NW ST-1 sidetrack well,had reached a Total Depth of 2,934 mBRT and wireline logs, including samplingand pressure measurement tools, were being run. Preliminary logging results indicate that the well has encountered oil and gascolumns with contacts similar to those seen in the discovery well, approximately2 kilometres to the east. Participating Interests in the PSC Area B Joint Venture are: ROC Group Companies...................................................3.693% PC Mauritania I Pty Ltd (Operator)...................................53.846% Tullow Oil plc.......................................................21.600% Mauritania Holdings B.V..............................................11.630% Premier Oil Mauritania B Limited......................................9.231% 2. Blane Oil Field, North Sea Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that as at0600 hours (local time) on 25 April 2008, the "Ocean Princess" rig had moved offlocation following successfully completing injectivity tests on the 30/3a-3zwell. The forward programme is to finalise the connection of the 30/3a-3z well to theUla Platform and commission the well by the end of May 2008. Unitised Interests in the Blane Oil Field are: Roc Oil (GB) Limited...................................................12.5% Talisman Energy (UK) Limited (Operator)................................25.0% Talisman Energy Norge AS...............................................18.0% MOC Exploration (UK) Limited(a subsidiary of Nippon Oil Corporation)...14.0% ENI UK Limited.........................................................13.9% ENI ULX Limited.........................................................4.1% Bow Valley Petroleum (UK) Limited......................................12.5% 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: jdoran@rocoil.com.au 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: khird@rocoil.com.au 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: bobbym@buchanan.uk.com Mob: +44 (0)7802 875 227 This information is provided by RNS The company news service from the London Stock Exchange