Mauritania Offshore Update

Roc Oil Company Limited 20 September 2005 20 September 2005 ROC OIL COMPANY LIMITED ('ROC') STOCK EXCHANGE RELEASE MAURITANIA OFFSHORE DRILLING UPDATE ROC advises that the following release was made earlier today by Woodside Petroleum Ltd: 'Woodside Mauritania Pty. Ltd., a wholly-owned subsidiary of Woodside Petroleum Ltd., reports the following activity offshore Mauritania since the last report issued on 13 September 2005. PSC Area B: Espadon-1A and Tevet-2 Wells The Espadon-1A well was plugged and abandoned on 15 September 2005 following analysis of wireline logs which indicated no significant hydrocarbons were encountered in the well. The Tevet-2 well was spudded on 16 September by the 'Stena Tay' drill rig and has been drilled to a depth of 1,510 metres where casing has been set. The Tevet-2 well is located 2.5km to the south of the discovery well Tevet-1, in a water depth of 466 metres. The Tevet-2 well is a combined exploration and appraisal well to both appraise the Tevet discovery and target a deeper exploration prospect beneath the Tevet Miocene reservoir. The planned total depth of the well is approximately 3,965 metres. At midnight on 19 September 2005, preparations were underway to drill ahead to the shallower of two objectives. Chinguetti Development Wells The 'West Navigator' drillship continues to perform completion work on Chinguetti Development wells. Woodside does not plan to issue regular announcements regarding operations on Chinguetti development wells but will do so if necessary to comply with its continuous disclosure obligations under the ASX Listing Rules. General All reported drilling depths are referenced to the rig rotary table and all times are Universal Time (UTC) (Mauritanian time). The locations of planned exploration wells and the Chinguetti Oil Field are shown on the attached map*.' Participating Interests in the Chinguetti Joint Venture and relevant PSC areas are: +-----------------------------------+----------+--------+--------+--------+ | Company |Chinguetti| PSC-A | PSC-B | PSC-C, | | | Joint | | |Block 6 | | | Venture | | | | +-----------------------------------+----------+--------+--------+--------+ |Woodside group companies (Operator)|47.38448% |53.846% |53.846% |37.578% | +-----------------------------------+----------+--------+--------+--------+ |Hardman group companies |19.00800% |24.300% |21.600% |22.422% | +-----------------------------------+----------+--------+--------+--------+ |Groupe Project Chinguetti |12.00000% | -- | -- | -- | +-----------------------------------+----------+--------+--------+--------+ |BG group companies |10.23440% |13.084% |11.630% | -- | +-----------------------------------+----------+--------+--------+--------+ |Premier group companies | 8.12328% | -- | 9.231% | -- | +-----------------------------------+----------+--------+--------+--------+ |Roc Oil group companies | 3.24984% | 4.155% | 3.693% | 5.000% | +-----------------------------------+----------+--------+--------+--------+ |Fusion group companies | -- | 4.615% | -- | -- | +-----------------------------------+----------+--------+--------+--------+ |Petronas Carigali Overseas Sdn Bhd | -- | -- | -- |35.000% | +-----------------------------------+----------+--------+--------+--------+ *Map attached to the copy of this release on ROC's website. (http://www.rocoil.com.au/Pages/ASX_Releases/2005_Releases/September-2005.html) 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
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