BUY 0.00% 0.4¢ bounty oil & gas nl

GBFrom Bounty Annual Report 2006"Bounty has previously...

  1. PK9
    98 Posts.
    GB

    From Bounty Annual Report 2006

    "Bounty has previously reprocessed seismic and aeromagnetic data to mature the mapping in the area. The
    prospectivity of the northern sector has been further enhanced by the confirmation of the presence of
    apparent hydrocarbon seeps. Originally detected on 1996 satellite imagery, a repeat analysis of 1998 and
    2001 images again identified apparent seeps directly over the main prospect. The total depth of a well to test
    this prospect would be approximately 1,500 metres"

    PK
 
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