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?
SXP
sapex limited
