Roc Oil Drills Ahead with Murmanskaya Offshore China

Roc Oil (China) Company, a wholly owned subsidiary of ROC, advises that on Jan. 16, 2008, the Premium Murmanskaya jackup drilling rig is currently drilling a 12-1/4" hole section at a depth of 1,684 mBRT at Wei-6-12W exploration well, Block 22/12, offshore China.

The forward plan is to drill ahead to 1,860 mBRT to set 9-5/8" casing.

The Wei-6-12W-1 well is located approximately 2.5 kilometers northwest of the Wei 6-12S-1 oil discovery.

Roc Oil (China) Company serves as operator of the block with 40% interest. Participants in the Block 22/12 Joint Venture are Horizon Oil Limited with 30%, Petsec Petroleum with 25%, and Oil Australia Pty Ltd with 5%.

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