from maquarie, page-13

re: from maquarie - chinguetti Perhaps we all know this could be the outcome, or the guy below has a short running? But ROC may be closer to this drill than most?


Fungus Footballhead - 8 Aug'05 - 19:45 - 4087 of 4087


Interesting comments from ROC's Chief Exec in their RNS this morning - seems at pains to remind us that Sotto could be a duffer...just being prudent or maybe not keen on this prospect ?

Commenting upon the Sotto-1 well ROC' s CEO, Dr John Doran, stated that:

'The high risk Sotto-1 well marks the start of something that has become almost
a seasonal event over the past few years for ROC - participating in an
exploration drilling programme offshore Mauritania. Given the large size of
Mauritania's offshore area and the fact that, prior to the first modern drilling
campaign in 2001, commercial oil had not been discovered in the country, this
year's exploration drilling programme should not be viewed any differently to
its predecessors - it's another important step in our understanding of this
newly emergent hydrocarbon province which will probably provide a mix of results
typical of such frontier drilling programmes.'