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Acquisition of the Mialara 2D seismic survey commences

19 Sep 2014

Searcher Seismic in cooperation with the Philippines Department of Energy, and in conjunction with SeaBird Exploration, is pleased to announce that acquisition of the Mialara 2D seismic survey, East of Palawan in the Philippines has commenced.

The ~5,000 km survey covers a roughly 10 by 10 km grid in the Mialara sub-basin and includes coverage over the PECR5 bid round blocks 4, 5 and 6.

Acquisition is due for completion in mid-October. Fast track data will be available to ensure ample time for evaluation of the blocks for the PECR5 bidding round.

Alan Hopping, General Manager for Searcher Seismic, said the Mialara 2D survey follows and provides infill to Searcher’s Pala-Sulu regional multi-client 2D survey.

“The Pala-Sulu survey highlighted the prospectivity of the East Palawan basins and provided justification for the more detailed Mialara 2D survey,” Mr Hopping added.

The Mialara 2D seismic survey is being acquired in addition to the recently completed Pinatubo 2D survey in West Luzon, which brings Searcher’s total data library in the Philippines to ~19,000 km.

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