Roc Oil Spuds Perserverance-1

Roc Oil reports that Premium Drilling's Wilcraft jackup has commenced drilling the Perseverance-1 exploration well in WA-325-P in the Perth Basin, 33 km WNW of Geraldton and about 100 kilometers NW of the Cliff Head Oil Field, offshore Western Australia.

Perseverance-1, the second of the planned three well exploration drilling program in the region, is scheduled to reach the proposed Total Depth of 1,774 meters by late next week.

Participating tnterests in WA-286-P are Roc Oil as operator with 37.5%; AWE with 27.5%; Wandoo with 24%; ARC with 6% and CIECO with 5%.

Participating interests in WA-325-P are Roc Oil with 37.5%; Apache with 37.5%; ARC with 20%; and Wandoo with 5%.

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