Africa Oil Wraps Up Somalia 2D Seismic Acquisition
Africa Oil has successfully completed a 2D seismic survey in the Dharoor Valley of Puntland Somalia. A total of 782 km of good quality vibroseis data, comprising a grid of 15 lines, were recorded by IMC Geophysical of the UK.
The Company will now move forward in processing the new survey and combining the 555 km of earlier data into our seismic database. Mapping of this combined survey should commence in early 2009 and drilling locations will be selected before the end of Q1, 2009. This will permit mobilization of a drilling rig to fulfill our drilling obligations under the Production Sharing Agreements before the end of 2009.