Alamo to Acquire Additional Seismic Line

Alamo Energy will acquire an additional seismic line located within its lease blocks.

The 14.86km seismic line which runs East-West within Alamo's blocks will provide further data for Alamo's technical team and reduce the distance of the seismic shoot planned for later in 2010.

Alamo's four UK onshore license blocks (TQ26, TQ36, TQ46, TQ56) lie directly north of the producing Palmer's Wood Oilfield. According to an independent geological report, the hydrocarbon resource potential is approximately 236 million barrels.

Philip Mann, Alamo's Chief Financial Officer said, "We have been pleased with the results from the initial seismic lines which we have already acquired and we believe that this line will provide the same quality of data. Our intention is to put the seismic shoot out for tender with the target of undertaking the shoot later this year."


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Geoscientist / Engineer
Expertise: Environmental Engineer|Geoscientist
Location: Somerset, NJ
Geologist / Environmental Engineer
Expertise: Environmental Engineer|Geologist
Location: Atlanta, GA
Sr. Geologist - Delaware Basin Subsurface Reservoir Characterization
Expertise: Geologist
Location: Midland, TX
search for more jobs

Brent Crude Oil : $50.8/BBL 0.47%
Light Crude Oil : $47.97/BBL 0.56%
Natural Gas : $3.08/MMBtu 0.98%
Updated in last 24 hours