The Errington-1 well, which is targeting a potentially large gas prospect, is expected to reach the first target horizon during the latter part of December 2004.
Commenting on Errington-1, Dr John Doran, ROC's CEO stated that:
"Like all wildcat exploration wells, Errington-1 is, statistically speaking, likely to be dry with the main risk being poor quality reservoir. However, the Errington structure is very large so that if gas is discovered, the field has the theoretical potential to be even larger than ROC's Saltfleetby gas field in Lincolnshire."
Roc Oil is operator and has a 100% interest in the well.
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