Does anyone know the adjacent permit holders that we shared the ROSE3D seismic with?
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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.
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