Offshore staff

A successful 1,000 km seismic survey by L&M Petroleum in Solander Basin offshore South Island, New Zealand, was reported by New Zealand Crown Minerals.

The seismic data was acquired byPacific Titan, owned by Multiwave Geophysical of Norway. The work for L&M in its 4,450-sq km PEP 38228 was the last in the vessel's multi-company seismic work in New Zealand waters.

L&M has reprocessed and reinterpreted 3,000 km of seismic data from earlier surveys. Four prospects and numerous leads were identified, and the recent survey has been designed to enhance some of the larger targets prior to drilling, L&M said.

The PEP 38228 permit water depths are 50 to 1,200 mm and covers part of the Solander Basin, a tectonic feature with up to 7,500 m of Cretaceous and Tertiary sediments.

6/20/06