8 February 2005 ROC OIL COMPANY LIMITED ("ROC") STOCK EXCHANGE RELEASE MAURITANIA OFFSHORE DRILLING UPDATE ROC advises that the following release was made earlier today by Woodside Petroleum Limited: "Woodside Mauritania Pty Ltd, a wholly-owned subsidiary of Woodside Petroleum Ltd., reports the following activity offshore Mauritania since the last report issued on 1 February 2005. PSC-B, Block 4 Tiof-6 and Chinguetti Development wells Tiof-6 Appraisal well The ‘West Navigator’ drillship has installed completion equipment on the Tiof-6 appraisal well. At midnight on 7 February 2005, the ‘West Navigator’ continued preparations to production test the well. Chinguetti Development wells The ‘Stena Tay’ drill rig continued operations on Chinguetti Development wells. Woodside does not plan to issue announcements regarding operations on Chinguetti development wells, but will do so if necessary to comply with its continuous disclosure obligations under the ASX Listing Rules. All reported drilling depths are referenced to the rig rotary table and all times are Universal Time (UTC) (Mauritanian time). The locations of the Chinguetti Oil Field, the Tiof and Banda discoveries and exploration wells are shown on the attached map. Wells are expected to be drilled in two production sharing contract areas during the remainder of the 2005 campaign." Roc Oil Company Limited (ACN 075 965 856) Level 14, 1 Market Street, Sydney NSW 2000, Australia. Telephone: +61 2 8356 2000 Facsimile: +61 2 9380 2066 Participating Interests in the areas are: Company PSC-A PSC-B Woodside group companies (Operator) 53.846% 53.846% Hardman group companies 24.3% 21.6% BG group companies 13.084% 11.63% Premier group companies -- 9.231% Fusion group companies 4. 615% -- Roc Oil group companies 4.155% 3.693% Bruce Clement Chief Operating Officer For further information please contact: Dr John Doran on Tel: +61-2-8356-2000 Fax: +61-2-9380-2635 E-mail: [email protected] Or visit ROC’s website: www.rocoil.com.au Roc Oil Company Limited (ACN 075 965 856) Level 14, 1 Market Street, Sydney NSW 2000, Australia. Telephone: +61 2 8356 2000 Facsimile: +61 2 9380 2066 Page 2 Roc Oil Company Limited (ACN 075 965 856) Level 14, 1 Market Street, Sydney NSW 2000, Australia. Telephone: +61 2 8356 2000 Facsimile: +61 2 9380 2066 Page 3
ROC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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