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AuDAX Resources Updates 3D Seismic Operational

Source: www.gulfoilandgas.com 4/12/2010, Location: Africa

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AuDAX Resources Ltd is pleased to announce that the Geostreamer 3D seismic acquisition with the PGS Atlantic Explorer vessel in the Sicily Channel is approximately a week ahead of schedule despite challenging offshore weather conditions.

The acquisition of the 3D seismic fast track cube over the Lambouka prospect was completed on the 1st April and is already being processed to be ready in time for the selection of the location for the Lambouka well. It is expected that the new data will enable the well to be optimally located on what is a very large and robust structure that is currently defined on 2D seismic.

Paul Fink, AuDAX Technical Director commented, “the onboard QC results for the seismic acquired look very encouraging and of excellent quality. The positioning of the Lambouka well location on state of the art 3D seismic will further reduce exploration risks.”

The expected completion date for the entire survey is the 16th of April 2010.

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Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

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