SWALA Energy Limited has reported preliminary positive results of 2D seismic programme over the Kidatu basin area in the Morogoro Region.
The oil and gas company said in a statement that the 2D seismic programme over the area has been completed and the preliminary interpretation of the results is positive.
The results from the Kidatu survey have shown the potential for large structural traps, an encouraging result and one that underscores our teams geological understanding of the area, Dr David Mestres Ridge, the Chief Executive Officer of Swala Energy Limited said in the statement.
Whilst additional processing and interpretation of the recorded data is still needed, the positive results to date give us growing confidence in our continued exploration activities within the Kilosa-Kilombero Licence, he added.
These results follow those observed from the programme in the Kilosa basin to the north that was also positive as announced on 18th September, 2013.
The seismic survey has now commenced over the Kilombero basin, south of the Kidatu basin. Swala has an indirect 32.5 per cent interest in the licence.
A total of 143km of 2D seismic were acquired over the Kidatu basin. The initial results based on preliminary processed data indicate the presence of large scale structure along the edges of the basin together with a major intra-basin high identified on dip and strike lines. The structure may be as large as 30 to 60 square kilometres.
The oil and gas company said in a statement that the 2D seismic programme over the area has been completed and the preliminary interpretation of the results is positive.
The results from the Kidatu survey have shown the potential for large structural traps, an encouraging result and one that underscores our teams geological understanding of the area, Dr David Mestres Ridge, the Chief Executive Officer of Swala Energy Limited said in the statement.
Whilst additional processing and interpretation of the recorded data is still needed, the positive results to date give us growing confidence in our continued exploration activities within the Kilosa-Kilombero Licence, he added.
These results follow those observed from the programme in the Kilosa basin to the north that was also positive as announced on 18th September, 2013.
The seismic survey has now commenced over the Kilombero basin, south of the Kidatu basin. Swala has an indirect 32.5 per cent interest in the licence.
A total of 143km of 2D seismic were acquired over the Kidatu basin. The initial results based on preliminary processed data indicate the presence of large scale structure along the edges of the basin together with a major intra-basin high identified on dip and strike lines. The structure may be as large as 30 to 60 square kilometres.
