CGG to Acquire Nabeul 2D Seismic for Plectrum
Plectrum has awarded a contract to Compagnie Generale de Geophysique (CGG) to acquire 3000km of 2D seismic data over the Nabeul Block offshore Tunisia. Plectrum has a 50-percent interest in Nabeul.
The vessel MV CGG Princess will acquire the data in the second quarter of 2007 over the entire block, which contains a number of previously identified prospects and leads.
Plectrum also announces that it has recently completed reprocessing 1000km of older regional seismic data over the Nabeul Block. These reprocessed seismic lines(1) show a dramatic improvement in data quality confirming earlier assessments of prospectivity and also reveal additional leads on trend with the neighboring Oudna Field(2), located 12km to the west.
Mike Whyatt, Plectrum's executive chairman, said: "The award of this contract marks a turning
point for Plectrum as we move forward into offshore operations. We are reviewing
our seismic processing options for the 2007 survey and will update the market
accordingly once we have finalized our plans."
- French Oil Services Firm CGG Files For Bankruptcy (Jun 14)
- CGG Wins DPC Contract in Brunei (Feb 21)
- CGG Looks to Achieve Financial Restructuring (Jan 05)
Company: Plectrum Petroleum more info
- Cairn: Increasing Asset Portfolio through Acquisitions (Sep 07)
- Plectrum Petroleum to Convert Nabeul Permit Into an Exploration Permit (Jul 24)
- Plectrum Begins 2D Shoot Offshore Tunisia (May 30)