Exploration & Production | Geology | Seismic
Oilex Confirms Wallal Graben in SPA 17
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Oilex Ltd has announced confirmation of the postulated extension of the rift basin, known as the Wallal Graben, into Oilex's SPA 17 AO acreage.
This confirmation is an outcome of interpreting the recently acquired gravity gradiometry/magnetic survey (Survey) data.
CGG Aviation (Australia) Pty Ltd (CGG) has provided a preliminary interpretation of the aerial Survey data within SPA 17 AO (formerly STP-SPA-0055) covering approximately 11,400 km2 (~2.8 million acres).
The interpretation integrates regional gravity, magnetic, 2D seismic, regional surface geological and well data in adjacent areas with the newly acquired Survey data. Preliminary interpretation confirms Oilex's structural model that the Wallal Graben, which is clearly imaged by 2D seismic data in Oilex's adjacent permits…
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