Roma Petroleum Company News

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Vicpet to Connect Growler-5 Producer to Growler Oil Field Facility
Wednesday, January 21, 2009Growler-5 has been successfully completed with the Ensign 5 workover rig, with the reservoir being perforated underbalanced for production on January 18, 2009.

Vicpet Confirms New Oil Zone, Plans to Tie-In Growler-5 for Production
Monday, December 15, 2008Vicpet has run wire line logs and side wall cores at the Growler-5 well after good oil shows were observes as the well was being drilled to its total depth.

Vicpet on Target at Cooper Basin's Stormbird-1
Tuesday, November 18, 2008Vicpet advised that the operation at Stormbird-1 in South Australia's Cooper Basin was drilling ahead towards the target Birkhead sandstone.

Vicpet Spuds Stormbird-1 Near Tigercat-1 Oil Discovery
Tuesday, November 11, 2008Victoria Petroleum has spudded Stormbird-1, the fourth well in the current exploration program located 4.5 kilometers to the south of the Tigercat-1 oil discovery and east of the Growler Oil Field.

Vicpet Recovers Oil from DST at Tigershark-1
Thursday, October 30, 2008Vicpet has successfully recovered oil from the first drill stem test at Tigershark-1 in South Australia's Cooper Basin.

Vicpet to Test Oil Shows at Tigershark-1 in Cooper Basin
Wednesday, October 29, 2008Vicpet advised that the Tigershark-1 operation in South Australia's Cooper Basin was preparing to run open hole Drill Stem Test#1 to test oil shows observed in the target Birkhead sandstone.

Vicpet Spuds Tigershark-1 Well Near Growler Oil Field
Wednesday, October 22, 2008Vicpet spudded the Tigershark-1 exploration well, the third well in its current exploration program near the Growler Oil Field, on October 21, 2008.

Vicpet to Complete Tigercat-1 as Oil Producer
Friday, October 17, 2008Vicpet advised that the Tigercat-1 well will be completed as a future oil producer. The Tigercat prospect is interpreted to contain a mean recoverable 0.7 million barrels of oil in the target Birkhead sandstone.

Vicpet Observes Good Oil Shows at Tigercat-1 Well in Cooper Basin
Monday, October 13, 2008Vicpet has observed good oil shows in the target Birkhead sandstone at the Tigercat-1 well, located in Australia's Cooper Basin.

Growler-4 Flows Clean Oil, Tigercat-1 Drilling Ahead in Cooper Basin
Friday, October 10, 2008Vicpet advised that following completion as an oil production well, the Growler-4 well on cased hole production test has flowed clean oil to the tanks of 240 barrels per day.

Tigercat-1 Spudded and on Prowl Near Growler Oil Field
Monday, October 06, 2008Vicpet spudded the Tigercat-1 exploration well in PEL 104, east of the Growler Oil Field, on October 3, 2008. Tigercat-1 is planned to be drilled to a total depth of 2,100 meters in 11 days.

Vicpet Completes Warhawk-1 for Production
Tuesday, September 30, 2008Vicpet has completed the Warhawk-1 exploration well for production. The drilling rig will be released from Warhawk and move immediately to the Tigercat Prospect near the Growler Oil Field.

Vicpet Encounters Oil Shows at Warhawk-1
Tuesday, September 23, 2008Vicpet advised that the Warhawk-1 exploration well is drilling ahead, and oil shows have been observed over 9 meters in the gross interval from 1,729-1,748 meters in the target Birkhead Sandstone.

Vicpet Confirms 1,673 BOPD Flow at Growler-3 in South Cooper Basin
Monday, September 08, 2008Operator Vicpet advised that Growler-3 reached total depth of 1,837 meters on September 4, and the well has flowed 47 degree API oil to surface at the rate of 1,673 barrels per day with no water on a one inch choke.

Vicpet Encounters Good Oil Shows, Gas at Growler-3 in Cooper Basin
Thursday, September 04, 2008Vicpet advised that Growler-3 was drilling ahead at 1,727 meters in the Birkhead Formation reservoir and that good oil shows of fluorescence and elevated gas readings were encountered in the target reservoir.

Vicpet Encounters Oil Shows at Growler-4, Drilling to Total Depth
Wednesday, August 20, 2008Vicpet has encountered good oil shows at the Growler-4 development well and is drilling ahead. The full significance of the oil shows in the target horizon is required to be evaluated by wire line logs to be run following drilling to total depth.

Bow Energy Continues to Grow in Second Quarter
Wednesday, July 30, 2008Australia's Bow Energy has released its second quarter earnings report, offering information on its exploration and production projects, as well as a proposed buyout of Roma Petroleum.

Victoria Petroleum to Abandon Lancer-1
Monday, September 10, 2007Victoria Petroleum says that Lancer-1, following the running of wire line logs and sidewall cores where a Permian oil show was observed, has been plugged and abandoned with the drilling rig released.

Vicpet 'Encouraged' by Early Oil Shows at Wirraway-1
Wednesday, April 18, 2007Victoria Petroleum N.L., as Operator for the PEL 104 Joint Venture drilling Wirraway-1 in PEL 104, the operation was conditioning the hole at a depth of 1,732.8 meters prior to pulling out of the hole.

Vicpet Spuds Wirraway-1 in Cooper Basin
Thursday, April 05, 2007Victoria Petroleum N.L. as Operator for the PEL 104 Joint Venture, said that Wirraway-1 commenced drilling at 6 p.m. Central Standard Time, Wednesday in PEL 104 on the western margin of the South Australian Cooper Basin.

Vicpet: Wirraway-1 to Spud Soon
Tuesday, April 03, 2007Victoria Petroleum NL, as operator for the PEL 104 Joint Venture, said that Hunt Rig-3 is rigging up on location at the Wirraway-1 exploration well drill site in PEL 104, Cooper Basin South Australia, and is expected to spud shortly.

Vicpet Cases, Suspends Wilpinnie-4 for Testing
Monday, January 29, 2007Victoria Petroleum said that drilling of the Wilpinnie-4 well has been suspeded for future completion and oil production testing. The drilling rig was released last Friday.

Vicpet, Partners Scratch Surface at Tomcat
Wednesday, January 10, 2007Victoria Petroleum N.L. said that under the terms of the PPL 93 Wilpinnie North Block Farmout Agreement with the PPL 93 Joint Venture, drilling of the Wilpinnie-4 well to test the Tomcat Prospect has commenced.

Victoria Spuds Lightning-1
Monday, April 10, 2006Victoria Petroleum on Friday commenced drilling of its Lightning-1 well in permit PEL 115 of Australia's Cooper Basin.

Murta Oil Sands Intersected in Mirage-4 Well
Monday, March 27, 2006Victoria Petroleum, operator for the PEL 115 joint venture in the Australia's Cooper Basin, said on Monday that the operation was drilling ahead in an 8 ½-inch hole from 1,328 meters to 1,337 meters.

Victoria Petroleum Issues Mirage-4 Update
Wednesday, March 22, 2006Victoria Petroleum is drilling ahead on Mirage-4 the third development well on the Mirage Oil Field in Australia's Cooper Basin.