Drilling Activity Update: Dunsborough-2, Offshore Perth Basin, Western Australia
01 APR 08
Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, advises that, since its last Stock Exchange Release on 28 March 2008, the Dunsborough-2 appraisal well in WA-286-P in the offshore Perth Basin, Western Australia, has reached a Total Depth of 1,680 mBRT and a wireline logging programme is underway. The preliminary results of the initial logging indicate that the previously reported oil shows seen in core may be residual (non-producible) oil saturations. However, pressure data and fluid samples need to be fully analysed in order to allow a definitive interpretation to be made. This should happen within the next 24 hours.
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 Exploration and Production (Australia) Pty Ltd...... 5.0%
For further information see: Stock Exchange Release 01.04.08