Xanadu Seismic Shoot Off Western Australia Complete

Norwest Energy has informed that seismic acquisition operations have been completed on the Xanadu 3D Transition Zone in exploration permit TPI 15, north of Perth, Western Australia.

Surveying of the western panel was completed on Thursday, the company informed.

Contractor Synterra Technologies is currently demobilizing from site, and recovering data from the western panel geophones for dispatch to seismic processing contractor Earth Signal Processing, in Calgary, Canada.

Earth Signal are already in receipt of the data from the eastern panel, and data processing is under way.

Norwest Energy anticipates providing further updates as early processed seismic volumes become available, with results from the final interpreted data expected to be available by October 2019.

The Xanadu discovery was drilled based on only limited 2D seismic coverage, insufficient to provide the high-resolution subsurface model required to guide future appraisal drilling.

The interpreted results of the 3D seismic program will form the basis for contingent resource estimation and appraisal well design.

The TP/15 Joint Venture Partners are Norwest Energy, via its wholly owned subsidiary Westranch Holdings (Operator, 25%), Triangle Xanadu (45%) and 3C Group (30%).