AED Oil is in final stages of 3D seismic survey over Puffin field in the Timor Sea.
Offshore staff
PERTH, Western Australia -- AED Oil is in final stages of 3D seismic survey over Puffin field in the Timor Sea, according to Norwest Energy. The survey was over AC/P22. The next step is to establish new drilling targets and revise the field development plan.
AED and partners seek to re-establish productoin from Puffin field which was suspended in the middle of last year when the permit holders terminated a charter contract for an FPSO from Sea Production.
AED holds 40%, Sinopec has 60%, and Norwest has an over-riding royalty interest.
