UNX contracts 3D seismic offshore Namibia

Offshore staff

CALGARY, Canada – UNX Energy Corp. reports it has contracted Petroleum Geo-Services for a 3D seismic survey offshore Namibia. The program is scheduled to start in mid-February.

The survey plans to cover 1,125 sq km (434 sq mi) on blocks 2815, 2816, and 2916 in license area 2815. UNX holds 90% interest in the area.

"The addition of this high-quality 3D seismic data to our existing scientific information will provide further clarity on the size and extent of the resources on our licenses in offshore Namibia," said Gabriel Ollivier, president and CEO of UNX Energy. "The 3D seismic data will enhance scientific detail and add to our growing inventory of drilling prospects.

“As part of our 2011 work program, the various seismic surveys that will be conducted on our blocks will focus on select areas of our acreage, updating existing resource estimates and providing additional independent resource estimates on the blocks. The seismic will also contribute to a data room and inventory of drill-ready locations for companies interested in farm-in opportunities.”

1/14/2011