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02/10/07
05:45
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Looking back, the Oil Exploration Program section of the 24 May company presentation refers to these activities over 6+ months: -Undertake structural geological and geophysical basin modelling - Continue geological and geophysical interpretating of existing data leading to high-grading leads and prospects - Seismic survey comprising of infill detail over leads / prospects and of regional lines - Drill 1 - 2 exploration wells The presentation also talks about: - 26 prospects and leads - Permian sequence analagous to oil productive section in Cooper Basin - Targets shallower than Cooper Basin - Multiple trap styles - Multiple targets within leads Does anyone know how the oil program is going? Is SXP talking to potential JV partners?