Roc Oil Drops Frankland-1 Exploration Well

Late last month Roc Oil reported that the ENSCO 67 relocated to the Frankland-1 exploration well location in WA-286-P.

Due to adverse weather conditions it was not possible to commence drilling the Frankland-1 exploration well prior to the expiration of the drilling rig contract. As a result the ENSCO 67 was released on August 11, 2006 and the offshore Perth Basin development and exploration drilling program concluded.

Participating interests in WA -286- P include rock Oil as operator with 37.5%; ARC with 6.0%; AWE with 27.5%; Wandoo Petroleum with 24.0%; and CIECO Exploration & Production with 5.0%.

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