Enoch Field to go Offline

Roc Oil (GB) Limited, a wholly owned subsidiary of ROC, advises that production from the Enoch oil and gas field (ROC: 12% interest), located in the North Sea, is anticipated to be offline for the remainder of 2012 due to mechanical issues related to subsea equipment.

ROC is awaiting advice from the operator (Talisman North Sea Limited) regarding the potential work programme and costs of remedial activities required to reinstate production.

No environmental or safety incidents occurred as a result of the mechanical problems at Enoch.

ROC anticipated that the Enoch field would contribute net average daily production of approximately 200 BOEPD during 2012. ROC’s production guidance for 2012 remains unchanged at between 6,000-7,000 BOEPD.

As at 31 December 2011, ROC booked net 2P Reserves of 0.3 MMBBL for the Enoch field.

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Offshore Nieuws  Staff, March 28, 2012; Image:  Enoch