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AuDAX Completes 3D Seismic Acqusition in Sicily

Source: www.gulfoilandgas.com 4/19/2010, Location: Africa

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AuDAX Resources Ltd is pleased to advise that the Geostreamer 3D seismic acquisition was completed on the 15th April. The program undertaken with the PGS Atlantic Explorer vessel in the Sicily Channel permits was approximately one week ahead of schedule.

The acquisition of the 3D seismic fast track cube over the Lambouka prospect was completed on the 1st April. Processing of the fast track cube is expected to be completed on the 1st of May ready for the selection of the location for the Lambouka well. The new data will help to optimally locate the well on what is a very large and robust structure.

Paul Fink, AuDAX Technical Director commented “that all of the onboard QC results looked very encouraging and of excellent quality”. Expected spud date for the exploration well Lambouka is the 15th June 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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