Roc Oil Commences Production at Cliff Head

ROC Oil reports that production has commenced at the Cliff Head Oil Field located in the Perth the Perth Basin, offshore Western Australia.

First production commenced from the near vertical CH-6 well at an initial controlled clean-up rate of approximately 1,000 barrels of oil per day ("BOPD"). Field production rates are expected to increase to greater than 10,000 BOPD as the five other designated oil producers, including four horizontal wells, are brought on stream during the next several weeks.

The produced oil is transported via a 14 km pipeline to the onshore Arrowsmith Stabilization Plant from where it will be trucked to the new BP Crude Oil Unloading Facility at Kwinana, which was purpose-built to handle oil deliveries from the Cliff Head Oil Field.

Commenting on the commencement of oil production at Cliff Head, ROC’s Chief Executive Officer, John Doran said:

"First oil production from Cliff Head, achieved within 14 months of the Joint Venture deciding to develop the field is an obvious landmark for all concerned. For ROC, it will be a further revenue boost, particularly given current oil prices.

This full cycle project, running from discovery to production, represents a number of "firsts" for the Australian oil industry. However, ROC's current focus is not on statistical niceties as much as completing the other wells and bringing them on stream. In this sense, first oil from Cliff Head is more like another day at the office rather than an end in itself".

The Cliff Head Joint Venture particpants are Roc Oil as operator with 37.5%; AWE Oil with 27.5%; Wandoo Petroleum with 24%; ARC with 6% and CIECO Exploration & Production with 5%.

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