Empyrean Energy has acquired the 3D seismic data for an area offshore China with estimates on resources due in “weeks”.
The AIM listed operator has a 100% working interest in the exploration phase for the Jade and Topaz oil prospects.
The survey acquired 580 km2 of new 3D seismic data.
A further 28 km2 of 3D was acquired as part of the overall survey 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 oil discovery and Jade and Topaz.
Empyrean chief executive Tom Kelly said: “We are pleased to report that the 3D Marine Seismic Survey acquisition has been completed on schedule with excellent quality 3D data acquired.
“The operations proceeded without any safety or HSE incidents.
“China Offshore Service Limited (COSL) provided a highly professional service during the operations and we are pleased with their cooperation and the quality of data produced from the survey.”
The data will now be processed over the coming months.
The information around the Jade and Topaz will be fast-tracked to give potential resource size estimations sooner.