Buru Energy Ltd (ASX:BRU, OTC:BRNGF) has contracted Terrex Seismic, a company with a long history of safe and environmentally responsible survey acquisition in the Canning Basin in Western Australia, to acquire 3D seismic data over the Rafael exploration permits EP 428 (Buru 100%) and EP 457 (Buru 60% and operator, Rey Oil and Gas Pty Ltd 40%).
The survey will cover a 200-square-kilometre area over and around the interpreted gas and condensate accumulation at Rafael, offering geological structural data that will aid the company in designing an appraisal drilling program in 2024.
Carefully executed survey
“I am very pleased with the progress Buru is making to continue to facilitate the Rafael development,” Buru Energy CEO Thomas Nador said.
“Moving to the acquisition phase of the 3D seismic survey program on schedule is a credit to a multi-disciplinary team of experienced personnel engaged in the survey.
“These include traditional owner heritage monitors supported by archaeologists, the field equipment operators, and Buru and Terrex supervisory personnel.
“The team members have all shown great diligence and resilience to ensure the safe and culturally respectful execution of the preparations for the survey.
“The initial results of the 3D seismic survey are expected to be ready by the end of the year, and these will not only provide enormously valuable information on the geophysical attributes of the Rafael accumulation but will also facilitate the process of prospective partner selection for this potentially transformative development.”
Low impact seismic line preparation work was completed safely, on time, and on budget under the detailed supervision of the traditional owners of the area in which the survey is located.
The survey activity will also include the acquisition of several 2D seismic lines in exploration permit EP 457 designed to define new prospects from existing data which could provide backfill opportunities.