Sterling Energy Completes 3D Seismic Survey over Ambilobe Block

Junior energy firm Sterling Energy announced Tuesday that it has completed a 3D seismic survey of approximately 420 square miles over the Ambilobe Block, offshore northwest Madagascar.

Finished on time and on budget, according to Sterling, the 3D survey was handled by CGG Services SA on behalf of Ambilobe JV partners Sterling and Pura Vida Mauritius. Processing of the data is expected to begin soon, with the final processed data expected in 1Q 2016.

Sterling Energy Chief Executive Officer Eskil Jersing commented in a company statement:

"We are pleased to have completed our 3D seismic operations, both safely and efficiently on the Ambilobe Block. We look forward to receiving the processed seismic data to build upon our understanding of the sub-surface imaging of the basin which will assist the joint venture partners to determine the exploration activities on the block in 2016."

Sterling and Pura Vida each holds a 50 percent interest in the Ambilobe Block. In December 2013, Sterling completed a farm-out agreement with Pura Vida under which all costs associated with the acquisition of the 3D seismic program were carried by Pura Vida.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  What Should Go On Your Electrical Engi... (Jul 25)
 -  AECOM to Lead Permitting for Monkey Is... (Jul 25)
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Geotechnical Engineer
Expertise: Geoscience Technician|Geotechnical Engineer
Location: Bothell, WA
 
Environmental Geologist
Expertise: Chemical Engineering|Geologist
Location: Tacoma, WA
 
Entry Level Hydrogeologist
Expertise: Chemical Engineering|Geologist
Location: Denver, CO
 
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours