Joey22 Nov 2012 21:07
The full interpretation of our 2010/2011 merged 3D seismic data is ongoing. However, we were able to fast track the interpretation of two exciting prospects, Elaine and Isobel, both of which are in licence PL004a where Desire has a 92.5% interest. The Elaine and Isobel fans are developed in the southeast of the basin within the basal part of the F sequence and are similar to the Sea Lion fans further north. Senergy have included these prospects in a further CPR update and have estimated best case un-risked prospective recoverable oil resources net to Desire of 312 MMstb, volumes which are comparable to the size of the Sea Lion discovery, with a geological chance of success of 30%.
A CPR covering the full prospect inventory derived from the total merged 3D data will be available in Q4 2012 and we believe that this will continue to enhance our prospect inventory.
From last interims