But we are keeping EP457, which had the interesting bit according to the Celestine 2D Seismic Survey. Sounds like we are getting the house in order in preparation for… TBA…
EP458 woz perfectly useless, as noted in REY’s 2022 Annual Report:
1.2 Work program during the year
Following the execution of formal farmin agreement on 15 April 2021 with Origin Energy, the planned Celestine 2D seismic was completed in September 2021. All the seismic data was received and completed the processing by operator. The final outputs were received in March 2022. The seismic survey Is primarily within EP457 with total length of 383km but also about 147km extended into EP458.
Interpretation of the Celestine 2D seismic data and integration with the existing grid of vintage 2D data was ongoing throughout Q2 2022. It is apparent at this early stage of the interpretation that the Celestine 2D survey has allowed the identification of a new play that was not previously recognised. This new play involves a postulated salt body that trends across the southwestern part of EP 457.
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