Metgasco has signed a contract with Terrex to acquire new seismic in its Northern Rivers petroleum exploration licence in Australia.
The program is expected to take about four days to complete and has already been given the approval of the New South Wales government.
The purpose of the seismic program is to provide more definition of the northern extent of the Greater Mackellar conventional / tight gas exploration prospect.
The additional seismic is expected to provide increased confidence of the structure’s closure before testing the prospect with the planned Rosella well.
Metgasco’s managing director, Peter Henderson, said: “Seismic surveys are a very low impact, non-invasive method of gathering subsurface geological and geophysical data and are used in a
variety of application besides natural gas exploration, including aquifer mapping.
“Metgasco has already acquired about 440 kms of seismic in the area, over and above the 980 kms that other companies have acquired over time.
“The seismic data and geological information has been made available to Government, which is using the models to better manage aquifers and resources in general.
“The current program will be run along existing roads and will have minimal impact on the local community or landholders.”
