Wed, 7 July 2010
Advent Energy has received technical reviews from Tanvinh Resources and Pangean Resources supporting a significant increase in the estimated prospective recoverable resources within the PEP 11 offshore Sydney Basin.
Following these reviews, Advent has provided an increase in the 'best estimate' to 13.2 trillion cubic feet of 2P gas resources.
Advent has secured the semi submersible drilling rig, Ocean Patriot to drill an exploration well in PEP 11 later in 2010.
For more information on Advent Energy’s drilling campaign in the Offshore Sydney Basin, watch out for the Offshore feature, which will be in the August edition of the Gas Today magazine. Subscribe now!
Image caption:
Map of the Offshore Sydney Basin.
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Categories: Exploration and production, Offshore
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