Mermaid Marine Australia sublease with Chevron for development of the Gorgon Project

Mermaid Marine Australia sublease with Chevron for development of the Gorgon Project

Mermaid Marine Australia Ltd (MMA) is pleased to announce that it has signed a formal Sublease with Chevron Australia Pty Ltd (Chevron) to support the development of the Gorgon Project. MMA announced in May 2008 that it had entered into an Agreement to Sublease with Chevron and negotiations between the parties have now been finalised. Full text

Searcher Seismic, Fugro and Gardline complete the Exmouth West Non-Exclusive 2D Seismic Survey

2008.08.30 - Field Development

Searcher Seismic Pty Ltd with partners Fugro and Gardline would like to announce the completion of the Exmouth West Non-Exclusive 2D Seismic Survey. 4260km of 2D seismic data has been acquired over the frontier blocks W08-21 and W08-22 which were released by the Australian Government in the 2008 Offshore Petroleum Acreage Release. The Exmouth West 2D Non-Exclusive Seismic Survey data is scheduled to be fully processed and ready for delivery by early November. Searcher and Fugro also wish to announce the completion of the Exmouth West 2D Reprocessing Project. This reprocessing consists of 4268km of 1978, 1979 and 1994 vintage 2D seismic data. A full suite of gathers, offset stacks and AVO products are now available for delivery.


Searcher Seismic Managing Director Odd Larsen comments, “This newly acquired seismic data combined with the reprocessing will provide industry leading seismic coverage to evaluate the potential of gazettal blocks W08-21 and W08-22 in the highly prolific Carnarvon basin.”




See also:

PA RESOURCES buys North Sea Exploration Portefolio

PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.

Aker Exploration strengthens its Norwegian Sea portfolio

Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.

SCAN returns to BP/GEMS 2D Program shoot offshore Pakistan

SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.

Drilling permit for ENI North Sea Well

The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.

Eni successfully appraises the Longhorn Discovery in Gulf of Mexico

Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.