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- Release Date: 02/05/13 18:14
- Summary: MINE: NZO: Karoro 3D seismic survey completed
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NZO
02/05/2013 16:14
MINE
REL: 1614 HRS New Zealand Oil and Gas Limited
MINE: NZO: Karoro 3D seismic survey completed
Acquisition of Karoro 3D seismic in PEP 52593 (Taranga) finished on time and
incident free just before midnight last night.
The partners in the permit, Octanex and New Zealand Oil & Gas, were required
to acquire 225 square kilometres of 3D seismic data in the 3500 square
kilometre permit. The Karoro survey easily passed the requirement, acquiring
290 square kilometres of data, of which 269 square kilometres was within the
permit.
WesternGeco's vessel Western Monarch began the survey on the night of 21/22
April, immediately following the successful completion of a larger survey in
the Takapou permit (PEP 53473) immediately to the south of Taranga. Both
permits lie north of the producing Tui oil field in the offshore Taranaki
basin. (See map).
NZOG adopted a Code of Conduct developed by the Department of Conservation
for minimising acoustic disturbance to marine mammals. Passive acoustic
monitoring equipment was used and four specialist observers aboard kept watch
to ensure marine mammals weren't adversely affected during the survey.
New Zealand Oil & Gas is the operator and holds a 50 per cent interest in the
permit, with the remaining 50 per cent held by Octanex NZ Limited, a
subsidiary of ASX-listed explorer Octanex NL.
John Pagani
External Relations Manager
M: +64 21 570 872
End CA:00235800 For:NZO Type:MINE Time:2013-05-02 16:14:02
