Pancontinental Oil & Gas NL, Perth, reports completion of a 3,000-sq-km 3D seismic survey on a license operated by Tullow Kudu Ltd. in the Walvis basin offshore Namibia.
The survey is on EL 0037, which is adjacent to the north of a license on which a group led by HRT Walvis Petroleum (Pty.) Ltd. drilled a well, Wingat 1, last year that penetrated two oil-source rocks and recovered noncommercial amounts of liquid (OGJ Online, June 3, 2013). A subsequent well on that license, Murombe 1, was a dry hole.
Polarcus, Dubai, acquired the data for Tullow using its Polarcus Asima vessel. Pancontinental said the survey covered an area on which a 2D survey had identified several leads. A second 2D survey is planned.
EL 0037 is immediately southeast of EL 0010, on which a group led by Repsol SA soon will spud an exploratory well designated Welwitschia 1 (OGJ Online, July 31, 2012). Repsol partner Tower Resources PLC, London, said last month the Rowan Renaissance drillship had arrived in Namibia under a 3-year contract with the Spanish company and was being prepared and tested for the work.
Tullow holds a 65% interest in 17,295-sq-km EL 0037. Pancontinental Namibia (Pty.) Ltd. holds a 30% interest carried through the suveys and an optional well to be drilled by Tullow. Paragon Oil & Gas (Pty.) Ltd. holds 5%.