Roc Oil Provides Update on Cabinda South Block, Onshore Angola

Roc Oil (Cabinda) Company, a wholly owned subsidiary of ROC, advises that the Arroz-1 exploration well has reached a Total Depth of 2217 mBRT. Final wireline logging indicated minor hydrocarbon shows and the well is currently being plugged and abandoned. Arroz-1 was the seventh and final exploration well in the programme that began with the Massambala-1 well in June 2007.

Participating Interests in the Cabinda South Block are:

Roc Group Companies (Operator) 60%
Force Petroleum Limited 20%
Sonangol P&P S.A 20%

• Iran and Lebanon Boosting Oil Cooperation 
• Petroleb Participates in Lebanon's First E&P Bid Round 
• HKN Energy Incident in Sarsang Oil Field 
• Gunmen Attack Iraq's Akkas Gas Field 
• Syrian Rebels Set Fire to Three Eastern Oil Wells 
• Eni Mulls Opening Iraq Business to China's CNPC 
• Offshore Colombia Win for Wood Group PSN 
• Clashes Break out at Libyan Waha Oil Field 
• Iraq Budget Stalemate Deepens Over Kurd Oil Payments 
• Uganda Parliament Passes Second Oil Bill 

• ROC Oil Provides Operational Update 
• Roc Oil Announces Angolan Seismic Survey and 2006 Budget 
• Cabinda South Block, Onshore Angola 
• Zhao Dong Development Project - Production Commences