Drilling Report

Roc Oil Company Limited
29 December 2004


29 December 2004



                    ROC OIL COMPANY LIMITED ('ROC')

                       STOCK EXCHANGE RELEASE

                     UK ONSHORE DRILLING UPDATE

ERRINGTON-1: EXPLORATION WELL, PEDL 028, ONSHORE UK (ROC: 100% & Operator)

As at 6:00am on 28 December 2004 UK time, the Errington-1 exploration wildcat
well was drilling ahead in 81/2 inch hole at a depth of 1,353m in directional
hole above the first objective horizon.

Errington-1 is located in PEDL 028 approximately 35 km west of Newcastle in
northern England.


Bruce Clement                                 For further information please
Chief Operating Officer                                             contact:
                                                            Dr John Doran on
                                                        Tel: [phone]
                                                        Fax: [phone]
                                                E-mail: [e-mail]
                                                     Or visit ROC's website:
                                                           www.rocoil.com.au

                                                               Dr Kevin Hird
                                        General Manager Business Development
                                                   Tel:  [phone]
                                                   Fax:  [phone]
                                                 Email:  [e-mail]
                                                                            
                                                                Nick Lambert
                                        Bell Pottinger Corporate & Financial
                                                   Tel:  [phone]
                                                                            
                                                                            


                      This information is provided by RNS
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