AIM-listed Empyrean Energy has completed the 3D seismic survey of its 100%-owned oil exploration Block 29/11, offshore China.
The 580sq km survey examined the permit area, including key prospects such as Jade and Topaz, in addition, acquired a further 28sq km 3D along the western boundary of the block and extending over the LH 23-1d oil discovery, west of Empyrean's permit.
The additional data is expected to allow Empyrean to evaluate the extent of a potential geological tie between the LH 23-1d and Jade and Topaz.
“China Offshore Service Ltd. (COSL) provided a highly professional service during the operations,” said CEO Tom Kelly. “In conjunction with COSL, we have already commenced processing the raw data.
“Whilst the full processing and interpretation will take some months to complete fully, we will be able to fast track some of the initial processing of raw data over our key prospects, Jade and Topaz. This is expected to give potential resource size estimations within weeks,” he added.
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