Activity Update: Drilling

RNS Number : 1453E

Roc Oil Company Limited

24 September 2008

 



24 September 2008

ROC OIL COMPANY LIMITED ('ROC')

STOCK EXCHANGE RELEASE

Activity Update: Drilling

Cabinda South Block, Onshore Angola (ROC: 60% & Operator)

Roc Oil (Cabinda) Company, a wholly owned subsidiary of ROC, advises that the Arroz-1 exploration well has reached a Total Depth of 2217 mBRT. Final wireline logging indicated minor hydrocarbon shows and the well is currently being plugged and abandoned. 

Arroz-1 was the seventh and final exploration well in the programme that began with the Massambala-1 well in June 2007.

Participating Interests in the Cabinda South Block are:

Roc Group Companies (Operator)    60%

Force Petroleum Limited                        20%

Sonangol P&P S.A.                                 20%

Matthew Gerber

Manager

Investor Relations & External Affairs

For further information please contact:

Mr Bruce Clement

Acting Chief Executive Officer

Tel: [phone]

Email: [e-mail]

Mr Matthew Gerber

Manager, Investor Relations & External Affairs

Tel: [phone]

Fax: [phone]

Email: [e-mail]

Or visit ROC's website: www.rocoil.com.au

Dr Kevin Hird

General Manager - Business Development

Tel: [phone]

Mob: [phone]

Email:  [e-mail]

Michael Shaw

Oriel Securities Limited (Nominated Adviser)

Tel: [phone]

Bobby Morse

Buchanan Communications

Tel: + 44 (0)20 7466 5000

Fax: + 44 (0)20 7466 5001

E-Mail: [e-mail]

Mob: [phone]

In accordance with ASX and AIM Rules, the information in this Release has been reviewed and approved by John Mebberson, General Manager, Exploration, Roc Oil Company Limited, BSc Geology. Mr Mebberson, who is a member of the American Association of Petroleum Geologists, has more than 30 years relevant experience within the industry and consents to the information in the form and context in which it appears.

 

END

 

 

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