UK ONSHORE DRILLING UPDATE

Roc Oil Company Limited
15 November 2004




15 November 2004


                        ROC OIL COMPANY LIMITED ('ROC')

                              STOCK EXCHANGE RELEASE


                           UK ONSHORE DRILLING UPDATE


ERRINGTON-1: EXPLORATION WELL, PEDL 028, ONSHORE UK (ROC: 100% & Operator)

As at 14 November 2004 conductor pipe had been set and cemented at 54 m at the
Errington-1 exploration wildcat well ahead of rigging up the ROC-owned Explorer
Rig to commence conventional petroleum drilling activities following the release
of the air drilling rig which had been used to drill the top hole section.

Errington-1 is located in PEDL 028 approximately 35 km west of Newcastle in
northern England.

The Errington-1 wildcat exploration well, which is targeting a potentially large
gas prospect, is expected to reach the first objective horizon during the latter
part of December 2004.





John Doran                                For further information please contact
Chief Executive Officer                                         Dr John Doran on
                                                            Tel: [phone]
                                                            Fax: [phone]
                                                    E-mail: [e-mail]
                                                         Or visit ROC's website:
                                                               www.rocoil.com.au

                                                                   Dr Kevin Hird
                                            General Manager Business Development
                                                        Tel: [phone]
                                                        Fax: [phone]
                                                      Email: [e-mail]

                                                Ann-Marie Wilkinson/Nick Lambert
                                            Bell Pottinger Corporate & Financial
                                                       Tel: [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange