Global Petroleum has finalized 2D seismic acquisition programme in the company’s operated block (PEL 0029) in Namibia.
The survey comprises of 834 km of full fold 2D seismic data.
The acquisition was carried out by Seabird Exploration of Norway, and took 10 days to complete.
The total cost of the acquisition is approximately USD 740,000, excluding processing, Global noted.
Processing of the acquired data is about to start and is expected to be finalized around the end of September 2017.
Initial examination of the high quality raw data confirms the extremely large extent of the Gemsbok prospect in the south east of the block. Following processing and interpretation of the data the company will determine its plans for the next phase of exploration.
Global’s Licence PEL 0029, in which the company holds an 85% interest and operatorship, covers offshore blocks 1910B and 2010A in the Republic of Namibia.