Advent submits Sydney 2D EP

July 5, 2017

Advent Energy has submitted an environment plan (EP) to the National Offshore Petroleum Safety and Environment Management Authority (NOPSEMA) for the planned 2D high resolution seismic survey in PEP11 offshore Sydney Basin, according to MEC Resources.

The EP, submitted by Asset Energy, a wholly-owned subsidiary of Advent, is the critical documentation necessary to be submitted to NOPSEMA to allow the seismic survey to proceed in PEP11.

Timeframes to approval for seismic surveys averaged 125 days in 2016. However, through the noise modelling and stakeholder consultation undertaken to date, Asset Energy is confident that its proposed seismic survey is of very low impact compared to other seismic surveys considered by NOPSEMA, and therefore optimistic that a shorter timeframe to approval will be achieved.

Asset Energy is anticipating starting its seismic campaign during Q3 2017. It is expected that campaign will run for three to four days, and take place predominantly approximately 30km southeast of Newcastle. The survey will acquire high resolution 2D seismic data over the Baleen Prospect, and will evaluate (amongst other things) shallow geohazard indications including shallow gas accumulations that can affect future potential drilling operations.



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