Petroleum Africa
Find us on: 
Wednesday, June 3, 2015
Sterling Energy, the operator of the Ambilobe PSC in Madagascar, completed its 3D seismic survey of approximately 1,100 sq km over a high-graded portion of the block. The acquisition was undertaken by CGG Services SA, on behalf of the Ambilobe JV partners Sterling and Pura Vida Mauritius.
The 3D survey was acquired on time and on budget. Processing of the data will commence shortly to a pre-stack depth migration cube. Intermediary products will be available during the second half of 2015, allowing early interpretation with the final processed data, which is expected to be completed in Q1 2016.
The Ambilobe PSC is in Phase 2 of the exploration period with all minimum work commitments for the current phase completed. In December 2013, Sterling completed a farm-out agreement with Pura Vida under which all costs associated with the acquisition of the discretionary 3D seismic program were carried by Pura Vida. Sterling expects that the carry will cover all the costs of the 3D seismic survey. Sterling and Pura Vida each hold a 50% interest in the Ambilobe Block.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
