ARKeX Completes the Full Tensor Gravity Gradiometry Survey

Source: 2/19/2015, Location: South America

LGO announces that airborne survey contractor ARKeX Limited has successfully completed the Full Tensor Gravity Gradiometry (FTG) survey in Trinidad announced by the Company on 15 January 2015. All the planned data has been gathered and accepted as being within specification.

As reported previously the aircraft commenced flying the gravity and magnetic survey over the entirety of the prospective onshore and near-shore areas of Trinidad in mid-January. The data gathered covers an area of approximately 5,700 square kilometers and has now been transferred to ARKeX's head office in Cambridge, UK where initial data processing is already underway.

LGO has acquired a license to the entire survey and it is expected that the initial processed results will be available within several weeks and will then be used over the coming months in more detailed interpretation work in both the producing Goudron Field and in the Cedros Peninsula where the Company holds approximately 10,900 gross acres of underexplored prospective leases.

Neil Ritson, LGO's Chief Executive, commented:
"This unique survey in Trinidad has been completed well within the planned timeframe and we look forward to receiving the data to integrate into our various technical studies at Goudron. The data will also allow us to better understand the Cedros Peninsula and other areas of onshore Trinidad where we believe there to be considerable further untapped oil production potential."

Related Categories: Aerial Survey  General  GIS Services  GPS Services  Land Survey  Marine Survey  Site Survey 

Related Articles: Aerial Survey  General  GIS Services  Land Survey  Marine Survey  Site Survey 

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