Here is another freebie for After Effects from the folks at FXOFFICE.NET
They are offering a free project and tutorial on how to create ocean water in After Effects, without using any third-party plugins.
Check them out here: FXOFFICE.NET Ocean Water Tutorial
And download the project here:
http://www.fxoffice.net/wp-content/uploads/2009/11/ocean_files.zip
Author: Omar Alkattan