Australian explorer Oilex has been boosted after completing aerial surveys of its new prospect in Western Australia’s Canning Basin ahead of schedule.
The firm said it had secured more than 4000km of enhanced definition data over the licence areas, following gravity/magnetic surveys.
Oilex will now study the data as it looks to determine the potential extension from the firm’s neighbouring sites.
“We are encouraged that after the stringent QC processes, this new data will enable us to determine the extent and depth of the Wallal Graben in SPA 17 AO,” said managing director Ron Miller.