Drilling Update: Offshore WA

RNS Number:1727N
Roc Oil Company Limited
04 February 2008



4 February 2008

                         ROC OIL COMPANY LIMITED ("ROC")
                             STOCK EXCHANGE RELEASE

 DRILLING UPDATE: TWO WELL EXPLORATION/APPRAISAL DRILLING PROGRAMME COMMENCES,
                              OFFSHORE PERTH BASIN

Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, is pleased to
announce the commencement of a two well exploration/appraisal drilling programme
in WA-286-P, in the North Perth Basin, offshore Western Australia.

At 0100 hours (local time) on 3 February 2008, the Premium "WilCraft" jack-up
drilling rig commenced drilling the Lilac-1 exploration well, in 33 metres of
water approximately 2.5 kilometres east of the Dunsborough-1 oil and gas
discovery made in the permit in June 2007.

Lilac-1 is expected to reach a Total Depth of approximately 1,435 mBRT in
mid-February, 2008.

As of 0600 (local time) on 4 February 2008 the current operation was preparing
to run 13-3/8" casing.

Following the drilling of Lilac-1, an appraisal well, Frankland-2, also in
WA-286-P, will be drilled. The two well drilling programme is expected to be
completed by the end of February 2008.

Commenting on the commencement of the drilling programme, Dr John Doran, ROC's
Chief Executive Officer, stated that:

"These next two wells in the offshore Perth Basin will go a long way towards
determining the near term potential for a new field development in the region.
Therefore, although we can't predict whether or not the wells will be successful
we can definitely say that they will be interesting!"

Participating Interests in the WA-286-P joint venture are:

Roc Oil (WA) Pty Ltd.....................................37.5%
AWE Oil (Western Australia) Pty Ltd......................27.5%
ARC (Offshore PB) Limited................................30.0%
CIECO Exploration and Production (Australia) Pty Ltd......5.0%

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                            For further information please contact:
General Manager                                                 Dr John Doran on
External Affairs & Investor Relations                       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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