Activity Update: Drilling
2008年4月2日 - 4:02PM
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Roc Oil Company Limited
02 April 2008
2 April 2008
ROC OIL COMPANY LIMITED ("ROC")
STOCK EXCHANGE RELEASE
ACTIVITY UPDATE: DRILLING
1. WA-286-P, Offshore Perth Basin, Western Australia
Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, advises that since
its last Stock Exchange Release on 1 April 2008, the Dunsborough-2 appraisal
well in WA-286-P in the offshore Perth Basin, Western Australia has completed
wireline logging operations. The pressure and fluid sampling programmes have
confirmed that the cored section in which oil shows were noted does not contain
producible hydrocarbons. As at 0600 hours (local time) on 2 April 2008 the
current operation was preparing to plug and abandon the well.
Participating Interests in the WA-286-P Joint Venture are:
Roc Oil (WA) Pty Limited (Operator)....................................37.5%
ARC Energy (Offshore PB) Limited.......................................30.0%
AWE Oil (Western Australia) Pty Ltd....................................27.5%
CIECO Energy Australia Pty Ltd..........................................5.0%
2. Offshore Mauritania
Roc Oil (Mauritania) Company, a wholly owned subsidiary of ROC, advises that as
at 0600 hours (local time) on 31 March 2008, the Khop-1 exploration well has
been plugged and abandoned.
The Atwood "Hunter" drilling rig is currently moving to drill an appraisal well
on the 2002 Banda Oil and Gas discovery. The well is approximately 60 kilometres
off the Mauritanian coast and is the second in the two well exploration/
appraisal programme, is located in PSC Area B.
Participating Interests in the PSC Area C, Block 6 Joint Venture are:
Roc Oil (Mauritania) Company..........................................5.000%
PC Mauritania I Pty Ltd (Operator)...................................37.578%
Petronas Carigali Overseas Sdn Bhd.................................. 35.000%
Tullow Oil plc.......................................................22.422%
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%
3. Cabinda South Block, Onshore Angola
Roc Oil (Cabinda) Company, a wholly owned subsidiary of ROC, advises that the
Coco-1 exploration well commenced drilling on 25 March 2008. As at 0600 hours
(local time) on 1 April 2008, the well had been drilled to the intermediate
casing point at 635 mBRT.
Coco-1, which is on the Lele High approximately 1.4 kilometres north of Milho-1,
is the fifth well in the current seven well exploration drilling programme and
is expected to be finished by the end of May 2008.
Consistent with ROC's established practice regarding its Angolan drilling
activity, the Company will only issue public statements at the beginning and end
of each drilling operation after the relevant information has been collected and
carefully analysed.
Participating Interests in the Cabinda South Block Joint Venture are:
Roc Group Companies (Operator) ..........................................60%
Force Petroleum Limited..................................................20%
Sonangol P&P S.A.........................................................20%
4. Blane Oil Field, North Sea
Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that as at 0600
hours (local time) on 31 March 2008, the "Ocean Princess" rig was completing
logging in the 30/3a-3Z sidetrack water injection well which has been drilled to
a Total Depth of 3,622 mBRT. The forward plan is to run 9-5/8" casing.
Unitised Interests in the Blane Oil Field are:
Roc Oil (GB) Limited...................................................12.5%
Talisman Energy (UK) Limited...........................................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
END
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