Rockpool Acqui Regulatory News (ROC)

8 Feb 2005 07:02

Roc Oil Company Limited08 February 2005 8 February 2005 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE MAURITANIA OFFSHORE DRILLING UPDATE ROC advises that the following release was made earlier today by WoodsidePetroleum Limited: "Woodside Mauritania Pty Ltd, a wholly-owned subsidiary of Woodside PetroleumLtd., reports the following activity offshore Mauritania since the last reportissued on 1 February 2005. PSC-B, Block 4 Tiof-6 and Chinguetti Development wells Tiof-6 Appraisal wellThe 'West Navigator' drillship has installed completion equipment on the Tiof-6appraisal well. At midnight on 7 February 2005, the 'West Navigator' continued preparations toproduction test the well. Chinguetti Development wellsThe 'Stena Tay' drill rig continued operations on Chinguetti Development wells.Woodside does not plan to issue announcements regarding operations on Chinguettidevelopment wells, but will do so if necessary to comply with its continuousdisclosure obligations under the ASX Listing Rules. All reported drilling depths are referenced to the rig rotary table and alltimes are Universal Time (UTC) (Mauritanian time). The locations of the Chinguetti Oil Field, the Tiof and Banda discoveries andexploration wells are shown on the attached map.* Wells are expected to be drilled in two production sharing contract areas duringthe remainder of the 2005 campaign." Participating Interests in the areas are: +-----------------------------------+-----------+----------+ | Company | PSC-A | PSC-B | +-----------------------------------+-----------+----------+ |Woodside group companies (Operator)| 53.846% | 53.846% | +-----------------------------------+-----------+----------+ |Hardman group companies | 24.3% | 21.6% | +-----------------------------------+-----------+----------+ |BG group companies | 13.084% | 11.63% | +-----------------------------------+-----------+----------+ |Premier group companies | -- | 9.231% | +-----------------------------------+-----------+----------+ |Fusion group companies | 4. 615% | -- | +-----------------------------------+-----------+----------+ |Roc Oil group companies | 4.155% | 3.693% | +-----------------------------------+-----------+----------+ Map attached to the copy of this release on ROC's website(http://www.rocoil.com.au/Pages/ASX_Releases/2005_Releases/February-2005.html) Bruce Clement For further information please contact:Chief Operating Officer Dr John Doran on Tel: +61-2-8356-2000 Fax: +61-2-9380-2635 E-mail: jdoran@rocoil.com.au 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: khird@rocoil.com.au 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 Exchange