Chariot Oil & Gas commences seismic programme offshore Namibia

Dec 01, 2009 01:00 AM

Chariot Oil & Gas, the Africa focused oil and gas exploration company, has announced that a second 3D seismic acquisition programme has commenced in the Northern blocks, 1811 A & B offshore Namibia.
This programme will cover 600 sq km, focusing on an area of specific interest over the previously identified Zamba Prospect. The work is being undertaken by CGG Veritas. Zamba is a well defined structural feature with mean prospective resources of 985 mm bbl.

The programme is expected to be completed by the end of December and processing and interpretation will commence immediately after completion. This activity complements the previously acquired 900 sq km, which will be available for review in the data room, which is opening in the first quarter of 2010.
Paul Welch, CEO commented, "This final seismic programme will conclude a comprehensive acquisition campaign undertaken across all our Namibian acreage and is of particular interest as it is being shot over a target defined from an earlier 2D seismic programme. We look forward to the results of the interpretation and will be reporting on these in due course."

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