The Collaborative International Dictionary of English v.0.48:

Rollic \Rol"lic\ (r[o^]l"l[i^]k), v. i. [imp. & p. p.
   Rollicked (-l[i^]kt); p. pr. & vb. n. Rollicking.]
   [Corrupt. fr. frolic, under the influence of roll.]
   To move or play in a careless, swaggering manner, with a
   frolicsome air; to frolic; to sport; commonly in the form
   rollicking. [Colloq.]
   [1913 Webster]

         He described his friends as rollicking blades. --T.
                                                  Hook.
   [1913 Webster] Rollejee
   Rolliche

WordNet (r) 3.0 (2006):

rollicking
    adj 1: given to merry frolicking; "frolicsome students
           celebrated their graduation with parties and practical
           jokes" [syn: coltish, frolicsome, frolicky,
           rollicking, sportive]