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2D and CSEM surveys completed
2D and CSEM surveys completed.
About this update from Rockhopper Exploration Plc
[{"type":"text","content":"\n Rockhopper Exploration plc\n01 March 2006\n\nPRESS RELEASE\n\n1 March 2006\n\nRockhopper Exploration plc\n\n Completion of Falkland Islands survey programme\n\nRockhopper Exploration plc ('Rockhopper') is pleased to announce that the\nexclusive 2D seismic survey and the electromagnetic surveys carried out on its\nFalkland Islands acreage have now been successfully completed\n\nThe 2D seismic survey, completed by GSI, acquired approximately 920 kilometres\nof data over Rockhopper's 100% licences PL023 and PL024. The data gathered will\nbe processed in the UK and on completion will be interpreted and integrated with\nthe existing 1832km of 2D data covering licences PL023 and PL024, on which the\nJ1 prospect and a number of leads have already been identified. It is hoped that\nthe new mapping will enhance the J1 prospect and also change the status of a\nnumber of the leads identified into prospects\n\nThe controlled source electromagnetic (CSEM) surveys, completed by Offshore\nHydrocarbon Mapping plc, were also carried out over Rockhopper's PL023 and PL024\nlicence. The CSEM survey technique has been successfully used by major oil\ncompanies elsewhere in the world but this is the first CSEM survey ever carried\nout in the Falkland Islands.\n\nThe processing and interpretation of both the 2D and CSEM surveys is expected to\ntake approximately 3 to 4 months.\n\nPierre Jungels, Rockhopper's Executive Chairman commented: 'We are pleased that\nthese surveys have been completed. We can now concentrate on processing the\ngathered data in order to improve our understanding of our acreage and decide on\nhow to move forward. '\n\nEnds\n\nContact:\n\nRockhopper Exploration plc www.rockhopperexploration.co.uk\nSam Moody - Managing Director 01722 414 419\n\nAquila Financial Ltd [email protected]\nPeter Reilly 020 7202 2601\nYvonne Fraser 020 7202 2609\n\n\nNotes to editors:\nA graphic showing the location of licences PL023 and PL024, the J1 prospect and\nother leads, the 2006 2D seismic and CSEM survey locations and the existing 2D\nseismic data to which Rockhopper has access is available from Aquila Financial\nLimited or can be downloaded from the Rockhopper website:\n\nwww.rockhopperexploration.co.uk\n\nThe Rockhopper Group started trading in February 2004 to invest in and carry out\nan offshore oil exploration programme to t...