Roc Oil Company Limited
16 April 2008
16 April 2008
ROC OIL COMPANY LIMITED ('ROC')
STOCK EXCHANGE RELEASE
ACTIVITY UPDATE: DRILLING
1. Offshore Mauritania
Roc Oil (Mauritania) Company, a wholly owned subsidiary of ROC, advises that as
0600 hours (local time) on 15 April 2008, the Banda NW appraisal well had
reached a Total Depth of 2,703 mBRT and a wireline logging programme is
underway.
Following completion of the wireline logging at Banda NW, the Atwood 'Hunter'
will move to the Chinguetti Oil and Gas Field where it will carry out a
programme of planned well interventions and drill two new production wells.
Participating Interests in the PSC Area B Joint Venture are:
ROC Group Companies................................................ 3.693%
PC Mauritania I Pty Ltd (Operator)................................ 53.846%
Tullow Oil plc.....................................................21.600%
Mauritania Holdings B.V........................................... 11.630%
Premier Oil Mauritania B Limited................................... 9.231%
2. Blane Oil Field, North Sea
Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that as at 0600
hours (local time) on 15 April 2008, the 'Ocean Princess' rig was in the final
stages of completing the 30/3a-3Z sidetrack water injection well.
The forward programme is to conduct injectivity tests which are expected to be
completed by the end of April 2008.
Unitised Interests in the Blane Oil Field are:
Roc Oil (GB) Limited................................................ 12.5%
Talisman Energy (UK) Limited (Operator) ............................ 25.0%
Talisman Energy Norge AS............................................ 18.0%
MOC Exploration (UK) Limited
(a subsidiary of Nippon Oil Corporation)......................... 14.0%
ENI UK Limited.......................................................13.9%
ENI ULX Limited.......................................................4.1%
Bow Valley Petroleum (UK) Limited................................... 12.5%
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 of 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: +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)20 7495 5707/+61 (0)2 8356 2000
Mob: +44 (0)7751 3671 49/+61 (0)417 261 727
Email: khird@rocoil.com.au
Michael Shaw
Oriel Securities Limited (Nominated Adviser)
Tel: +44 (0)20 7710 7600
Bobby Morse
Buchanan Communications
Tel: + 44 (0)20 7466 5000
Fax: + 44 (0)20 7466 5001
E-Mail: bobbym@buchanan.uk.com
Mob: +44 (0)7802 875 227
This information is provided by RNS
The company news service from the London Stock Exchange
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