Hadda-1 Commences Drilling

Roc Oil Company Limited 17 March 2005 17 March 2005 ROC OIL COMPANY LIMITED STOCK EXCHANGE RELEASE DRILLING ACTIVITY UPDATE: EXPLORATION WELL, HADDA-1, COMMENCES DRILLING IN THE OFFSHORE PERTH BASIN Roc Oil (WA) Pty Ltd, Operator for and on behalf of the WA-325-P Joint Venture, advises that the ENSCO-56 jack-up drilling rig commenced drilling Hadda-1, a rank wildcat well in the offshore Perth Basin, at 06.00 hrs on 17 March, 2005, Australian Western Standard Time. Hadda-1 is a vertical well located 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 well will test a structure defined by 3-D seismic which has an estimated mean recoverable reserve potential in the order of 40 MMBO. The well is expected to reach a Total Depth of 1,830 metres during the course of next week. The Hadda Joint Venture comprises: Current Equities post-deals WA-325-P Equities announced but not yet completed Roc Oil (WA) Pty Ltd (Operator) 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 Ltd 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 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
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