Rawson leaping ahead
RAWSON Resources is pushing ahead with programs in the Surat, Otway and Pedirka Basins in Australia as well as the Taranaki Basin in New Zealand.
Over in the Surat, the company is assessing the results of the two coal seam gas evaluation wells that operator TRUenergy drilled in ATP 873P last quarter.
This will be used to determine where the two pilot wells for the next phase of the program will be drilled.
Over in ATP 873P, Rawson is expecting a new 200 square kilometre 3D seismic survey, which is being paid for by TRUenergy, to be shot in August, weather permitting.
This survey is expected to define several structural prospects similar to the Moonie oil field that could be drilled with new partners later this year.
Rawson said geological and geophysical studies over ATP 893P and ATP 8901P had identified two areas with CSG potential.
The first is located in the northern and central part of ATP 893P where the Jurassic Walloon coal sequence is 200-300m thick, while the second is the lower Cretaceous coals that may extend over a wider area of ATP 901P and northward into ATP 893P.
In South Australia’s Otway Basin, Rawson has completed the Nangwarry and Burrungle 3D seismic surveys in PEL 154 and PEL 155, and has started looking for farm-in partners.
This includes meeting with potential partners to drill the Nangwarry prospect in PEL 155, located about 6km south of the Hazelgrove South gas field.
The company has reached an agreement with Central Petroleum and its partners to continue the work program in the Simpson Block of EP 97 in the Pedirka Basin, Northern Territory.
Central and partners will shoot another 83km of new seismic, as well as the Lucan seismic survey, and drill another well in the block in return for earning a 80% stake in the Bejah block in the permit.
Rawson is also continuing to negotiate with a potential partner interested in the CSG potential of the northern part of the block.
Across the Tasman Sea, Rawson is merging its 30% interests in PEL 51153 and PEL 51155 with Kea Petroleum’s interests to form a new Kea holding company, which Rawson would continue to hold 30% in.
The new Kea Petroleum Holdings will be responsible for continued funding of the New Zealand exploration program with the first well, Wingrove-1 in PEL 51153, to be drilled in the second half of this year.
Monday, 27 July 2009
PNN
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