Exploration Drilling Update

Roc Oil Company Limited 19 April 2006 19 April 2006 ROC OIL COMPANY LIMITED ('ROC') STOCK EXCHANGE RELEASE EXPLORATION DRILLING UPDATE 1. Jacala-1, WA-351-P, Carnarvon Basin, Offshore Western Australia (ROC: 20%) ROC advises that as at 0600 hours Western Standard Time on 19 April 2006, the Atwood Eagle deep water semi-submersible drilling rig had drilled the BHP Billiton-operated Jacala-1 exploration wildcat well, to a Total Depth of 2,217 metres below rotary table. Current operation is pulling out of the hole prior to formation evaluation. Until the formation evaluation programme is completed and the log data analysed, it is not possible to be definitive about the results of the well. However, at this stage obvious hydrocarbon shows have not been observed in the well. The logging programme is expected to be completed by the end of this week after which a further announcement will be made. Jacala-1 is located in about 1,060 metres of water approximately 200 km west of Barrow Island and 100 km northwest of the Enfield Oil and Gas Field. The WA-351-P Joint Venture comprises: BHP Billiton Petroleum (North West Shelf) Pty Ltd 55% & Operator Tap (Shelfal) Pty Ltd 25% Roc Oil (WA) Pty Ltd 20% 2. Willows-1, PEDL030, Onshore UK (ROC: 100% & Operator) The ROC Explorer rig is drilling the Willows-1 exploration wildcat well and as of 2030 hrs UK time on 18 April 2006 the well had been drilled to a depth of 688 metres and the operation was drilling ahead towards the next casing point expected at approximately 750 metres. Total Depth is expected to be about 2,500 metres. Willows-1 is a potentially large gas prospect located about 55 km east of York and 15 km south of Scarborough. 3. Wei-6-12-S-1, Block 22/12, Offshore China (ROC: 40% and Operator) The COSL 931 jack-up drilling rig is currently scheduled to commence drilling the Wei-6-12-S-1 exploration well during the course of next week. The well is located in approximately 30 metres of water about 3 km southwest of the 2002 small oil discovery - Wei-6-12-1, and is expected to take about 21 days to drill. The Block 22/12 Joint Venture comprises: Roc Oil (China) Company 40% & Operator Horizon Oil Limited 30% Petsec Petroleum Inc 25% Oil Australia Pty Ltd** 5% ** subsidiary of First Australian Resources Limited Michelle Manook For further information please contact: General Manager - Corporate Affairs Dr John Doran on Tel: +61-2-8356-2000 Fax: +61-2-9380-2635 Email: 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
UK 100

Latest directors dealings