re: notice colin duster 1 August 2006
ROC OIL COMPANY LIMITED ("ROC")
STOCK EXCHANGE RELEASE
EEXXPPLLOORRAATTIIOONN DDRRIILLLLIINNGG UUPPDDAATTEE
OOFFFFSSHHOORREE MMAAUURRIITTAANNIIAA
ROC advises that since its last Stock Exchange Release on 24 July 2006 regarding the Colin-1 exploration well in PSC Area A, the well has been drilled to a Total Depth of 2,322 metres below Rotary Table without encountering significant hydrocarbons.
As at 2300 hours (local time) on 31 July 2006, wireline logging was continuing prior to the well being plugged and abandoned.
Subsequent to Colin-1, the Atwood Hunter drill rig will relocate to drill the Dana-operated exploration well Flamant-1 (Block 8).
The Colin-1 well was drilled in a water depth of 168 metres approximately 60 kilometres south of the Chinguetti Oil Field.
Participating interests include:
Company
Woodside-Operated
PSC-A
Dana-Operated
Block 8
Woodside group companies
53.846%
--
Hardman group companies
24.300%
18.000%
BG group companies
13.084%
--
Roc Oil group companies
4.155%
2.000%
Fusion group companies
4.615%
--
Dana Petroleum (E&P) Limited
--
24.000%
Wintershall AG
--
25.000%
Gaz de France UK B.V
--
31.000%
Michelle Manook
General Manager – Corporate Affairs
For further information please contact:
Dr John Doran on
Tel: +61-2-8356-2000
Fax: +61-2-9380-2635
Email: [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 1
HDR
hardman resources limited
