TRU Energy funding a CSG survey
"Rawson Resources Limited (ASX: RAW) is pleased to announce that field operations began today on the Sedgley 3-D Seismic Survey in the southern part of ATP 837P in the eastern Surat Basin in southern Queensland. The survey covers an area of 200 square kilometres in an area prospective for oil exploration between the Moonie Oilfield
and the Cabawin Oil and Gas Field and is being operated by Energetica Resources Pty Limited.
The location and extent of the survey are shown on the attached map Drilling within the area has already confirmed the presence of the Precipice Sandstone reservoir, which has produced over 22 million barrels from the Moonie
Oilfield. Envirovibe buggies are being used on this survey to minimize the environmental impact across the area.
The Sedgley Seismic Survey is expected to be completed in six weeks time and the results will be known after the survey data are processed and interpreted in early March
next year. Three potential drilling targets have previously been identified from vintage 2-D seismic surveys acquired during the 1960’s, 1970’s and 1980’s. The 3-D survey will
provide accurate drilling locations for these targets.
Participants in the deeper ‘traditional’ oil plays of ATP 837P are Rawson Resources Limited 50% and ERPL 50% the operator.
The 3-D survey has been fully funded by TRUenergy (Qld) who farmed in to ATP837P for 70% of the Coal Seam Gas potential in ATP 837P with Rawson and ERPL each with 15% of the CSG rights."
- Forums
- ASX - By Stock
- RAW
- cheapest csg stock also jv ctp
cheapest csg stock also jv ctp, page-2
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAW (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online