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Dominion Petroleum (LON:DPL.L) report: Operational Update Tanzania Seismic
November 11, 2010, Thursday, 00:44 GMT | 19:44 EST | 05:14 IST | 07:44 SGT
By Daniel Stewart & Co
- The 3D seismic over its deep water Block 7 has been completed
- The survey was 1,236 square kilometres and covered the Alpha, Beta and three other prospects
- A recent CPR by Energy Resource Consultants on the Alpha prospect confirmed a prospective resource of 1.1bnbbl and 7Tcf
- The seismic data will be processed by CGG Veritas which will be complete by Q2 2011 with a fast track done later this week
- Final analysis of the data will assist the company in reassessing volumes and CoS for all the prospects in the survey
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