Advent Energy has engaged Minev Services to deliver the proposed 2D seismic program within PEP11 in the offshore Sydney basin, according to MEC Resources.
Through wholly owned subsidiary Asset Energy, Advent and joint venture partner Bounty Oil and Gas NL, presently have an obligation to perform a 200km 2D seismic survey in PEP11.
MEC said geohazard identification is anticipated to be achieved because of this survey, which will contribute to the potential future drilling activities in PEP11.
A strategic review of the PEP11 asset demonstrated that the existing 2D dataset did not provide sufficient data to de-risk the existing structural targets to encourage suitable investment partners to contribute to the future drilling of key structural targets in PEP11.
Therefore, an expedited quality 3D survey was recommended to contribute to achieving the potential future drilling in an optimal timeframe considering the forecast Australian east coast gas market challenges.