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Oil & Gas

Mosman Oil and Gas gets greenlight for survey

Work on the survey is expected to begin in early July

Mosman Oil and Gas Ltd (LON:MSMN) got the greenlight from the Australian authorities to conduct its proposed airborne gravity and gradiometry survey over EP 145, in the Amadeus Basin in the Northern Territory.

It is anticipated that the company’s contractor will start the data acquisition programme in the week commencing 5 July 2021.

Previously, Mosman noted that it will be the first time that data acquisition will be undertaken across the whole permit, and, it will be used to identify focus areas for future programmes including seismic and potentially drilling.

Mosman detailed that the survey will cost A$300,000 and will span the entire 818 square kilometre permit area.

It noted that current subsurface seismic data is limited to the North West and central part of the permit and existing regional gravity data is too sparse to provide sufficient detail of the complex salt related structures, which are seen to host hydrocarbon and helium leads.

The new survey will use a gravity gradiometry system which is expected to image salt and subsalt geometry across a range of depths.

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