TGS Announces a fourth 3D multi-client survey offshore Northwest Australia

8/20/2012

TGS Announces a fourth 3D multi-client survey offshore Northwest Australia

PERTH, Australia -- TGS announces a 3D multi-client seismic survey, Honeycombs, which covers 2,500 sq km over the Exmouth Plateau in the Northern Carnarvon Basin, offshore NW Australia.  This survey is located over acreage with 50% relinquishment due in February 2013 and is adjacent to the previously announced NW Australia survey (Mary Rose) in October 2011.  Upon completion of this survey, the TGS portfolio of 3D multi-client coverage in this highly prospective area offshore Australia will exceed 17,000 sq km.

The seismic data will be acquired by the M/V Ramform Sterling and is expected to begin in September 2012 with completion in Q4 2012. 

The survey is supported by industry funding.

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