Norwest Energy subsidiary NWE Mirrabooka has concluded its 2D seismic acquisition encompassing some 50km onshore the Isle of Wight on PEDL239, designed to provide details of the Razorback Prospect.
The company’s early view is that Razorback is structurally robust. However, more work is required to enhance data imaging of deeper geological horizons.
Razorback is estimated to contain prospective resources of 43million barrels of oil in place (P50).