Source: www.gulfoilandgas.com 12/6/2013, Location: Asia
Peak Oil & Gas has announced that seismic acquisition has commenced at South Block A and seismic data for the first line received. Initial indications are that the data is of excellent quality and will achieve the objective of better understanding the leads and prospect already defined.
The 2D seismic survey will comprise around 170 kms of modern seismic data acquisition located to mature and prioritise the best seven oil and gas leads to prospect status; one of which will be selected for drilling next year. Completion of the seismic is anticipated through February 2014 and drilling through the second half of 2014.
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