Roc Oil (WA) Pty Limited, a wholly owned subsidiary of ROC, advises that as at 1830 hours (local time) on 12 February 2008, the Premium "WilCraft" jack-up drilling rig commenced drilling the Frankland-2 appraisal well in WA-286-P, in the North Perth Basin, offshore Western Australia. As at 0600 hours (local time) on 13 February 2008 the current operation was running 20" casing to 119 mBRT. Frankland-2, an appraisal well approximately one kilometre northeast of the 2007 Frankland-1 gas discovery, is the second of the planned two well exploration/appraisal programme in the region. Frankland-2 is scheduled to reach a proposed Total Depth of 2,278 metres by the end of February 2008.
ARQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held