Aminex Finishes 2D Seismic in Tanzanian Ruvuma PSC

Source: www.gulfoilandgas.com 5/22/2014, Location: Africa

Solo announces that the operator of the Ruvuma Petroleum Sharing Contract, Aminex PLC (Aminex), has notified the Company that the 2D seismic acquisition to appraise up-dip portion of the Ntorya-1 discovery is now complete and processing has begun. Fully interpreted results are expected during Q3 2014.

As announced on 27 March 2014, a programme of 2D seismic was planned in the Ntorya Appraisal Licence of the onshore Ruvuma Petroleum Sharing Contract. This new seismic data, which totals approximately 180 kilometres, will assist in delineating the Ntorya discovery and thereby allow the optimisation of future production wells. The data was acquired on time and on budget.

Neil Ritson, Solo Executive Director, commented:

"Acquisition of the infill seismic data over the Ntorya gas condensate discovery is an important next step in the monetisation process for the discovery. This is especially timely as the commissioning of the new gas pipeline, currently under construction, to the market in Dar es Salaam will make Ntorya especially valuable. We look forward to seeing the results of the processing and interpretation as they are concluded."

Participants in the Ruvuma PSA are currently; Ndovu Resources Ltd (Aminex) 75% (operator) and Solo Oil Plc 25%.

For more information about related Opportunities and Key Players visit East Africa Projects


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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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