Rawson Resources Completes Soil Gas Survey in EP 107
Rawson Resources has successfully completed a Soil Gas Survey in the Appadare Farmin Block in EP107, Cooper basin, South Australia.
Before the survey commenced there were a number of leads in the block and the object of the survey was to high grade these prospects to enable Rawson to select a target for drilling in the first half of 2006.
Rawson took 637 soil gas samples over seven days in late October and initial results showed anomalous readings over a previously mapped structure. Further geological and geophysical work will be done along with discussions with our joint venture partners but early indications are that this would be our preferred target for drilling.
Rawson under the Appadare Farmin Agreement has the right to earn a 50% interest,
by paying the drilling cost of an exploration well, in a petroleum production licence
resulting from the drilling of that well, from the existing holders of the permit being
Beach Petroleum (operator) (BPT) 40% and Great Artesian Oil and Gas Limited
- Great Artesian: Drilling Begins at Bellbird (Jul 25)
- Ausam Energy Enters Farmin Deal with Rawson Resources (Mar 28)
- Magellan Petroleum Begins Production Test on Kiana -1 Well (Nov 21)