Broadband review clarifies Ramble On prospect offshore Australia

Melbana Energy says initial analysis of recent 3D seismic broadband reprocessing had identified additional prospectivity in two exploration permits in the Vulcan sub-basin offshore northwest Australia.

Exploration permits in the Vulcan sub-basin offshore northwest Australia
Exploration permits in the Vulcan sub-basin offshore northwest Australia

Offshore staff

MELBOURNE, AustraliaMelbana Energy says initial analysis of recent 3D seismic broadband reprocessing had identified additional prospectivity in two exploration permits in the Vulcan sub-basin offshore northwest Australia.

Rouge Rock undertook the reprocessing as part of its farm-in agreement to the AC/P50 and AC/P51 permits.

One of the features is an amplitude-supported objective immediately above the known Ramble On prospect, which could be a direct indicator of hydrocarbons.

Melbana continues to assess the reprocessed data and the resulting suite of enhanced technical products. The goals are to characterize any new prospects and leads and to further de-risk the identified prospects and leads, leading potentially to a further farm-out to help fund exploration drilling.

11/10/2017

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