Bengal Energy Ltd., Calgary, will shoot 456 line-km of 2D and 51 sq km of 3D seismic in October on ATP 732 in Australia’s Cooper basin to image Permian subcrop anomalies and shallower oil targets.
Meanwhile, an airborne geophysical survey is being contracted to be carried out in October over the Tookanooka astrobleme on the block with a view to imaging the potential of oil and or natural gas reservoirs similar to those seen in other meteorite impact structures in sedimentary basins in many other parts of the world.
Interpreted results all three surveys are expected early in the first calendar quarter of 2012, which should allow the design of the drill program for the initial 100% well in ATP 732 to be finalized shortly thereafter. Pending drilling rig availability, it is expected to spud the initial exploration well in the second quarter.
