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Area Drilling

08/11/2008
AustraliaRodinia Oil Corp., Calgary, let a contract to Ryder Scott Co. LP to estimate hydrocarbon resource potential on its acreage in the remote, nonproducing Officer basin in Western Australia and South Australia.Rodinia Oil management interpretation of seismic and gravity and magnetic data indicates the possibility of more than 12 large closures of 10,000-157,000 acres that contain at least four prospective reservoir horizons 50-500 m thick.Several features on the closures are classified as high risk drillable anomalies. A second phase seismic program is planned in early 2009. EgyptMelrose Resources PLC, Edinburgh, said its 2008 capital budget included $1 million for an aeromagnetic su...
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