| HISTORY |
In 2000 ROC acquired 60% interest in deep water Block H from Atlas Petroleum International Limited and Osborne Resources Limited. Through subsequent changes to the Joint Venture, ROC's current equity is 37.5%. ROC is the Technical Manager of the blocks. In 2001 ROC acquired a 1,403 sq km 3D survey over almost the entire area of the two blocks. In 2004 ROC successfully operated the drilling of Bravo-1, which was ROC's first deep water operated well.
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| REGIONAL ACTIVITY |
- Offshore Rio Muni Basin has proven oil potential, evidenced by the presence of the producing Ceiba Oil Field and other oil fields in the Amerada Hess-operated blocks some 65 km to the south.
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| GEOLOGY |
- The block is located in the northern Rio Muni Basin, an Early to Mid-Cretaceous rift basin.
- Stratigraphically-trapped Cretaceous turbidites and Tertiary channel sands form the major plays in the blocks.
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| PERMIT SIZE |
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| JV PARTICIPANTS AND INTERESTS |
| Roc Oil (Equatorial Guinea) Company (Tech Manager) |
37.5% |
| Atlas Petroleum International Limited (Operator) |
56.25% |
| Osborne Resources Limited |
6.25% | |