SOCO Provides Outline of Block Vs Proposed Work Plan

Source: www.gulfoilandgas.com 3/14/2012, Location: Africa

SOCO, an international oil and gas exploration and production company, announces its proposed work plan regarding its exploration permit in Block V, Democratic Republic of Congo (DRC), which encompasses a portion of Virunga National Park including a portion of Lake Edward.

SOCO has received approval to undertake an aero-survey, which entails flying over Lake Edward. This survey is planned to take place in the next few months. Dependent on the results of the survey, SOCO will then consider seeking approval, potentially around the third quarter of this year, to conduct a compressed air seismic survey on Lake Edward. Compressed air seismic has been recommended by the seismic contractor as it is not harmful to any nearby marine life. A seismic acquisition of this type has already been conducted on Lake Edward by another operator. Any activities beyond these would only be conducted with DRC approval and in conjunction with an appropriate consultation process with stakeholders. SOCO does not therefore anticipate undertaking any direct exploration activities within the Virunga National Park for at least six months.

Over the last year, SOCO has actively engaged with local communities, and regional and national authorities and other stakeholders regarding environmental and social impact assessments and potential activities described above. Most specifically, in an effort to bring stakeholders together for full debate, SOCO organised meetings under the authority of the Governor of North Kivu and the Environment Minister of North Kivu which was attended by over 90 stakeholder representatives including ICCN, international and regional NGOs, local fishery representatives, other interested DRC governmental ministries, local customary chiefs and regional and provincial authorities.

Roger Cagle, Deputy Chief Executive of SOCO, commented:
Our activities within the Virunga National Park continue to be very preliminary and confined to an aerial study. We will not undertake any direct activity within the Park until we have the results of this aero-survey and we have consulted fully with all primary stakeholders. Our current plans have met with the approvals of all the local authorities. We are very aware of the need to protect the interests of all stakeholders within the Park and are working hard to ensure that we do so.


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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 

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


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