Roc Oil (WA) Pty Limited, advises that as of 1200hrs on 5 April 2007 (Australian Western Standard Time) the "Premium Wilcraft" jack up drilling rig was on location at the Frankland-1 well location in WA-286-P and preparations are underway to commence
drilling.
The Frankland-1 well is the first of a planned three well exploration drilling programme
which will also include the Dunsborough-1 well in WA-286-P and the Perseverance-1 well
in WA-325-P.
Participating Interests in WA-286-P are:
Roc Oil (WA) Pty Ltd (Operator) ......................................37.5%
AWE Oil (Western Australia) Pty Ltd...................................27.5%
Wandoo Petroleum Pty Ltd .................................................24.0%
ARC (Offshore PB) Limited ...................................................6.0%
CIECO Exploration and Production (Australia) Pty Ltd .........5.0%
Participating Interests in WA-325-P are:
Roc Oil (WA) Pty Ltd (Operator) ......................................37.5%
Apache Northwest Pty Limited ............................................37.5%
ARC (Offshore PB) Limited .................................................20.0%
Wandoo Petroleum Pty Ltd ...................................................5.0%
Roc Oil (WA) Pty Limited, advises that as of 1200hrs on 5 April...
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