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Sunday, 20 July, 2008, 22:50 GMT | more prices >>

Dunsborough duster for Roc

By Upstream staff

Australia’s Roc Oil is preparing to plug and abandon the Dunsborough-2 appraisal well in the offshore Perth basin in Western Australia after failing to find commercial quantities of hydrocarbons.

Roc said in a statement today that pressure testing and fluid samples had confirmed that oil recovered during coring operations last week was residual.

The Dunsborough project lies on WA-286-P, which is operates by Roc with a 37.5% stake on behalf of partners Arc Energy (30%), Australian Worldwide Exploration (30%), AWE Oil (27.5%) and CIECO Energy (5%).

Roc also said it had spudded the Coca-1 exploration well on the Cabinda South Block in Angola. The well is the fifth of Roc’s seven well exploration programme on the block. The well has been drilled to a depth of 635 metres about 1.4 kilometres north of the previously drilled Milho-1 exploration well.

Roc is the operator of Cabinda South Block Joint Venture with a 60% stake, while Force Petroleum and Angolan state oil company Sonangol each hold 20%.