Australian energy company WHL Energy Limited (ASX:WHN) (“WHL Energy” or “the Company”) is pleased to report that the La Bella 3D seismic survey, being acquired by CGG’s state-of-the-art seismic vessel Viking II, is 78% complete and on target to be completed around December 12th.
To date 52 prime lines of a planned total of 60 lines have been fully or partially acquired and the survey is expected to be completed at the end of this week, slightly ahead of schedule and slightly under budget.
The company is looking forward to the processing of the raw data and interpretation of the results. The initial raw “brute stack” data available from the seismic vessel, although not possible to interpret quantitatively, is as expected and consistent with the key features in VIC/P67, the La Bella gas field and the key exploration prospects.
WHL Energy’s Managing Director, Mr David Rowbottam, commented: “We are very pleased with the operational aspects of the La Bella 3D Marine Seismic Survey, which has progressed within schedule and budget despite the challenges of operating in sometimes difficult weather conditions and also in an area of high environmental sensitivity.”
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