Roc Oil advised that the Castanha-2 appraisal well has been drilled to a total measured depth of 2,448 meters and has been suspended.

Initial evaluation has indicated that the well encountered a gross hydrocarbon column of 21 meters in the Chela Formation.

Production testing is planned to commence during October after the Castanha-3 appraisal well has been drilled. Castanha-3 is expected to spud in the coming week.

Participating Interests in the Cabinda Onshore South Block are:

•Pluspetrol Angola Corporation (Operator)..........................45% •Lacula Oil Company Limited (ROC)....................................10% •Force Petroleum de Angola, S.A.........................................20% •Sonangol P&P.....................................................................20% •Cuba Petroleo.......................................................................5%

Tags: ROC Oil