The 3D acquisition is planned to confirm Emerald's structural interpretation of the field and to assess the potential for further development, including the drilling of Gigante #2. In particular, the 3D seismic interpretation is anticipated to reduce the risk in locating any future development wells.
The Gigante field has produced 2.2 million barrels of oil from a single producing well, Gigante 1A, since commencing production in 1999.
A presentation entitled '58km2 3D seismic program, Gigante field' may be found on the Company's website at www.emeraldenergy.com.
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