Roc Oil Company Limited
29 March 2005
29 March 2005
ROC OIL COMPANY LIMITED
STOCK EXCHANGE RELEASE
DRILLING ACTIVITY UPDATE:
HADDA-1, EXPLORATION WILDCAT WELL,
OFFSHORE PERTH BASIN, WESTERN AUSTRALIA
Roc Oil (WA) Pty Ltd, Operator for and on behalf of the WA-325-P Joint Venture,
advises that, as at 06.00 hours on 29 March 2005, Australian Western Standard
Time, the ENSCO 56 jack-up drilling rig was released from the Hadda-1 location
after the well had been plugged and abandoned as a dry hole with oil shows in
tight sands.
Hadda-1, a rank exploration wildcat well, was drilled as a vertical well in
about 45 metres of water, about 150 km northwest of Geraldton, Western Australia
and some 200 km northwest of the Cliff Head Oil Field.
The Hadda Joint Venture comprises:
Equities post-deals
WA-325-P Current Equities announced but not yet
completed
Roc Oil (WA) Pty Ltd 37.50% 37.50%
Apache Northwest Pty Limited 37.50% 37.50%
Voyager (PB) Limited 10.00% 12.50%
Bounty Oil & Gas NL 10.00% 7.50%
Wandoo Petroleum Pty Limited 5.00% 5.00%
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
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.