Quadrant Northwest plan to further develop the oil reserves of the Bedout Basin region in Commonwealth waters within permit area WA-437-P through drilling an exploration and appraisal well, Roc-2. This EP covers drilling, evaluating, well testing, and abandonment activities related to exploration and appraisal drilling. The drilling rig will be located within permit area WA-437-P located within Commonwealth waters of the Bedout Sub-basin in the NW Shelf region of Western Australia. The Operational Area is approximately 80 km from the nearest shoreline (Bedout Island), 120 km north from the closest mainland point (Larrey Point), 157 km from Port Hedland, 290 km from Karratha and 363 km from Broome. The time required to drill the well is expected to be approximately 100 days.