Mosman Oil and Gas Ltd (LON:MSMN) completed an airborne survey to capture gravity and gradiometry data over the EP-145 permit in the Amadeus basin, in Australia.
The company said it is a significant step in the exploration of EP-145, as it’s the first time that data will be acquired for the whole permit.
Findings from the survey inform a regional basin model which will be produced by consultant Geognostics Australia and is expected to be available in eight weeks.
Mosman highlighted that Geognostics has considerable expertise in the Northern Territory as it recently completed an integrated geological interpretation over the entire state.
It noted that presently its data is limited to the north west and central areas of the permit and is too sparse to provide sufficient detail.