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Friday, July 31, 2015
Frontier Resources completed a data exchange of high resolution airborne magnetic data and the associated technical interpretation over a large area of acreage covering blocks nearby its Blocks 1717 and 1817 in Namibia’s Owambo Basin. The data exchange is part of company’s ongoing strategy to develop a comprehensive, regional understanding of the basin.
The data interpretation was undertaken by Exploration Technology Inc. and has determined the sediment thickness in the area by calculating and mapping the depth to the basement rocks. It has also identified regional geologic trends in the subsurface.
The new data is now being integrated with Frontier’s existing database over Blocks 1717 and 1817 that includes magnetic, gravity and seismic data. High resolution magnetic and gravity data are very useful tools in helping identify anomalous features seen on the seismic, especially in sparsely drilled areas such as this which, from the evidence of the previously acquired soil gas survey could contain very large volumes of undiscovered hydrocarbons.
CEO Jack Keyes says: “These additional data will add to our already significant knowledgebase of the Blocks and further assist with the identification of areas requiring additional seismic data prior to drilling.”
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