DrillingReport: OffshoreChina

Roc Oil Company Limited
29 January 2008



29 January 2008

ROC OIL COMPANY LIMITED ('ROC')

                             STOCK EXCHANGE RELEASE

                 DRILLING UPDATE: WEI 6-12W-1 EXPLORATION WELL,
                          BLOCK 22/12, OFFSHORE CHINA

Roc Oil (China) Company, a wholly owned subsidiary of ROC, advises that since
its last Stock Exchange Release on 23 January 2008, the Wei 6-12W-1 exploration
well in Block 22/12 in the Beibu Gulf, offshore China, has drilled to a Total
Depth of 2,333 mBRT and wireline logging has been completed. Drilling and log
data indicate that Wei 6-12W-1 well has not encountered any hydrocarbons and the
well has been plugged and abandoned.

Later this week, the Premium 'Murmanskaya' jack-up drilling rig will commence
drilling Wei 6-12E-1, the second well in the three well drilling programme,
which will test a structural-stratigraphic prospect 1.7 kilometres east of the
Wei 6-12S-1 oil discovery.

Commenting on the Wei-6-12W-1 drilling results, Dr John Doran, ROC's Chief
Executive Officer, stated that:

'As stated at the beginning of the well, although stratigraphic traps can offer
high reward they invariably carry increased risk. In this case, the risk won
over the reward.'

Participating Interests in the Block 22/12 Joint Venture are:

Roc Oil (China) Company..................................... 40% (Operator)
Horizon Oil Limited......................................... 30%
Petsec Petroleum*........................................... 25%
Oil Australia Pty Ltd**...................................... 5%

The above interests are subject to Government participation in developments of
up to 51%
*a subsidiary of Petsec Energy Ltd **a subsidiary of First Australian Resources


In accordance with ASX and AIM Rules, the information in this Release has been
reviewed and approved by Dr John Doran, Chief Executive Officer, Roc Oil Company
Limited, BSc (Hons) Geology, MSc and PhD. Dr Doran, who is a member of the
Society of Petroleum Engineers, has more than 30 years relevant experience
within the industry and consents to the information in the form and context in
which it appears.


Damian Fisher
General Manager
External Affairs & Investor Relations

                                         For further information please contact:
                                                                Dr John Doran on
                                                            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]
                                                                                


                      This information is provided by RNS
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