SYN 0.00% 0.1¢ synergia energy ltd

Does anyone know the adjacent permit holders that we shared the...

  1. 4,234 Posts.
    Does anyone know the adjacent permit holders that we shared the ROSE3D seismic with?

    ============================
    Annual report extract:


    The Rose 3D seismic survey of 1,180 km2 began in August 2008 over the south-eastern part of the permit
    covering the area of prospective leads mapped from the older data (Figure 5). The seismic vessel
    “Geowave Champion” completed the survey in
    September 2008. Significant operational efficiencies
    were obtained through jointly conducting the survey
    with holders on an adjacent permit with Oilex acting
    as operator for the entire survey. The survey which
    directly followed the acquisition of the Maura 3D
    survey in the Timor Sea started about 8 months later
    than initially planned due to delays with the vessel
    finishing previous contracts.Processing of the 3D
    seismic was completed in July 2009. This was
    several months behind schedule as a result of
    additional work to resolve the imaging problems
    caused by rugose sea floor morphology.
    The delays in the acquisition and processing led to
    compression of time available to decide on
    continuing into the second phase of the permit which
    involved drilling of one well in the first year, Permit
    Year 4, of the second term. The primary term of the
    permit expired in August 2009 and under a provision
    of the relevant legislation, variations to the
    secondary term commitments may be negotiated
    prior to entering Permit Year 4. The Designated
    Authority approved a variation to the secondary term
    commitments by transferring a well from Permit Year
    4 to Permit Year 5. During the secondary term, the
    permit may be renewed on an annual basis.
 
watchlist Created with Sketch. Add SYN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.