Exploration & Production | Capital Markets | Private Equity Activity
North Sea Energy Wraps Up Norfolk Seismic Program
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North Sea Energy Inc. has reported that a 2D hi-resolution seismic program on the Norfolk Prospect (block 12/16b) (20% NSE interest) has been completed after receiving approval from DECC (UK Department of Energy and Climate Change).
The weather during November has been favourable and allowed us to acquire more data than the base plan. This will allow us to test 3D migrating the data and/or creating a Geocube product.
The processing of the additional seismic will enhance our understanding of the prospect in terms of the ''up dip'' extent of the Norfolk prospect and assist in the determination of the drilling target. The acquiring of the seismic data this year allows us to progress our evaluation of the prospect and to make a drilling decision sooner and without delay to the project.
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