Melrose extends seismic sweep of Black Sea concessions

Melrose Resources has started acquisition of a 3D seismic survey on the Galata exploration block in the Bulgarian sector of the Black Sea.

Offshore staff

EDINBURGH, UKMelrose Resources has started acquisition of a 3D seismic survey on the Galata exploration block in the Bulgarian sector of the Black Sea.

Around 500 sq km (193 sq mi) of data will be acquired over the central part of the concession which contains the Chaika prospect, with estimated prospective resources of 80 bcf, and two other exploration leads. The program should be completed in late November.

In March, Melrose signed concession agreements for the Muridava (EX-27) and Est Cobalcescu (EX-28) offshore exploration licenses in the Romanian sector to the north. The company has since received formal notification of ratification from the Romanian government.

Melrose is preparing to issue tenders to acquire around 900 km (559 mi) of 2D and 1,300 sq km (502 sq mi) of 3D seismic data over the two blocks next summer.

The main focus of the Muridava acquisition program will be Eocene and Cretaceous leads and prospects in the same play as the existing Olimpiskiyi discovery and Lebada oil fields.

The East Cobalcescu survey will focus on Miocene and Pliocene gas plays on trend with the Cobalcescu, Ana, and Doina discoveries.

11/04/2011

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