Rockpool Acqui Regulatory News (ROC)

25 Mar 2008 07:01

Roc Oil Company Limited25 March 2008 25 March 2008 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE DRILLING UPDATE: KHOP-1 EXPLORATION WELL, PSC AREA C, BLOCK 6, OFFSHORE MAURITANIA Roc Oil (Mauritania) Company, a wholly owned subsidiary of ROC, advises that asat 0600 hours (local time) on 24 March 2008, the Khop-1 exploration well wasdrilled to a Total Depth of 4,265 mBRT. The well is being plugged and abandonedafter encountering thin sands with oil shows that are not considered to be ofcommercial consequence. The Khop-1 exploration well is located approximately 70 kilometres from theMauritanian coast. Participating Interests in the PSC Area C, Block 6 Joint Venture are: Roc Oil (Mauritania) Company........................5.000% PC Mauritania I Pty Ltd (Operator).................37.578% Petronas Carigali Overseas Sdn Bhd.................35.000% Tullow Oil plc.....................................22.422% 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 that 30 years 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