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Monday, January 20, 2014
Tullow Oil and Pancontinental Oil & Gas saw their 3D seismic survey on Namibia’s license area EL 0037 launch. The 3D acquisition will cover approximately 3,000 sq km and is being acquired by the Polarcus Asima seismic vessel.
The Polarcus Asima will also undertake a second acquisition on the license area that will encompass approximately 1,000 km of 2D data. The total acquisition is expected take up to 120 days.
Tullow Oil farmed-in to EL 0037 in September 2013 and subsequently identified a number of geological leads to be covered by the 3D survey. Pancontinental retains a 30% free-carried interest through the surveys and one optional well to be drilled by Tullow.
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