Oz Comet Completes Koburra Seismic Acquisition
Australian coalbed methane explorer Comet Ridge March 5 said it has completed the acquisition phase of the 336 km 2D Koburra seismic programme over its three Galilee permits in Queensland.
“The objective of the seismic programme was to identify broad structural trends within the permit area and to delineate targets for follow up drilling,” it said.
The three Galilee permits cover an area approximately 9,685 km2. This regional seismic programme will allow the Galilee Deeps Joint Venture (GDJV) to increase its understanding of the regional geology and structural trends to identify new potential leads and prospects, Comet said.
The wellsite construction contractor will move onto the Albany 2 wellsite early next week to begin the preparations to drill that well, with the drilling rig, Ensign 932, expected to commence moving from Moomba around the end of this month.
The Deeps JV comprises Comet Ridge (85%) which is also the operator, along with Vintage Energy (15%). Vintage will be increasing its share of the joint venture to 30% this year with the seismic programme, the drilling of Albany 2 and completing of Albany 1.