Allotment of Shares

Roc Oil Company Limited
11 December 2006




11 December 2006


ROC OIL COMPANY LIMITED ('ROC')

                             STOCK EXCHANGE RELEASE

                RENOUNCEABLE RIGHTS ISSUE - ALLOTMENT OF SHARES


ROC advises the following information in relation to the 3 for 8 Rights Issue
announced on 1 November 2006:

   • The final number of shares allotted on 8 December 2006 under the terms
    of the Rights Issue was 81,226,213 fully paid ordinary shares.

   • The issued capital of ROC, following allotment of the new shares, is
    297,822,206 fully paid ordinary shares. This figure includes 81,600 fully
    paid ordinary shares issued to employees as a result of the exercise of
    executive options, as notified in the Appendix 3B lodged with ASX Limited
    ('ASX') on 8 November 2006.

   • Application has also been made for the new shares to be admitted to
    trading on the Alternative Investment Market of London Stock Exchange plc
    ('AIM').

   • Where applicable, holding statements will be despatched today. The new
    shares are expected to commence normal trading on ASX and AIM on Tuesday, 12
    December 2006 and CREST accounts in the UK are expected to be credited on
    that date.


Sheree Ford
General Counsel & Company Secretary

                                         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




                      This information is provided by RNS
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