ROC Commences Drilling on Cabinda Exploration Well

Source: www.gulfoilandgas.com 11/17/2009, Location: Africa

Lacula Oil Company Limited, a wholly owned subsidiary of ROC, advises that the Castanha-1 exploration well commenced drilling on 13 November 2009. Castanha-1 is the first exploration well in the 2009 programme and is targeting a primary objective in the pre-salt sequence.

Consistent with ROC's established practice regarding Angolan drilling activity, the Company will only issue public statements at the beginning and end of each drilling operation.

Participating Interests in the Cabinda Onshore South Block are: Pluspetrol Angola Corporation (Operator): 45%, Force Petroleum de Angola, S.A: 20%, Sonangol P&P: 20% Lacula Oil Company Limited (ROC): 10%, Cuba Petroleo: 5%.


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