RAW 0.00% 0.8¢ rawson oil and gas ltd

TRU Energy funding a CSG survey"Rawson Resources Limited (ASX:...

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    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."
 
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