Logo of Phnom Penh Post newspaper Phnom Penh Post - KrisEnergy survey completed

KrisEnergy survey completed

Content image - Phnom Penh Post
Shearwater Geoservices deployed its vessel, the SW Vespucci, to carry out a 1,200sq km 3D seismic survey of Cambodia’s offshore Block A for Singapore-based KrisEnergy Ltd. Shearwater Geoservices

KrisEnergy survey completed

Singapore-based KrisEnergy Ltd, which operates Cambodia’s offshore Block A, has completed a 1,200sq km 3D seismic survey of the block, according to the company’s press release on Friday.

The survey was completed on time and without any health, safety or environmental incidents said the release.

On June 25, KrisEnergy announced Shearwater Geoservices Singapore Pte Ltd had been awarded the turnkey broadband seismic contract through the wholly-owned subsidiary, KrisEnergy (Apsara) Company Limited.

Shearwater Geoservices deployed its vessel, the SW Vespucci, to carry out the survey.

KrisEnergy investor relations and corporate communications vice-president Tanya Pang told The Post on Sunday that the survey data has been sent for processing.

“The data will provide valuable information of the subsurface over two distinct areas – partially the Apsara development area and also a large portion of Block A where there has been very little data so far and has good potential for further hydrocarbon discoveries,” she said.

She said the data from the Apsara development area will be used to refine the drilling of the development wells in the field.

However, Pang could not provide the exact date that the Kingdom’s first drop of oil would be extracted.

“We cannot state a definite date for the first oil as there are many stages to the project that are interdependent, notwithstanding issues outside of our control such as weather. But we will continue to work all processes in parallel,” she said.

KrisEnergy claimed in March that it will be able to meet its schedule to extract its first drop of oil “late this year”.

The company owns 95 per cent of the Apsara oil field in Block A, while the Cambodian government owns the remaining five per cent.

MOST VIEWED

  • Bareknuckle champion wants Kun Khmer fighter

    Dave Leduc, who is the current openweight Lethwei boxing champion in Myanmar, has announced that he will travel to Cambodia this year to challenge SEA Games gold medallist Prum Samnang any time that is convenient, after their planned match later this month in Slovakia was

  • Five-year-old Hanuman dances his way into hearts of Cambodia

    A young talent from a new-established settlement has emerged, captivating the online world with his mesmerising performances of the traditional Cambodian monkey dance. Roeun Kakada is a five-year-old prodigy who has taken the social media sphere by storm with his exceptional dance skills and dedication

  • Fresh Covid warnings as Thai hospital fills

    A senior health official reminds the public to remain vigilant, as neighbouring countries experience an increase in Covid-19 cases, with the latest surge appearing to be a result of the Omicron XBB.1.5 sub-variant. Or Vandine, secretary of state and spokeswoman for the Ministry of Health,

  • Honda shutters Siem Reap football club

    Japanese football legend Keisuke Honda, the owner of Siem Reap football club Soltilo Angkor FC, has been forced to shut the club down, after it failed to attract sponsorship for the upcoming season. Honda, the former manager of the Cambodia men's national football team, said

  • Hun Sen warns of regional tensions

    ASIA is becoming a dangerous geopolitical hotspot, with several countries announcing that they intend to send naval vessels towards Southeast Asia and on to the South China Sea, warned Prime Minister Hun Sen. “Heated geopolitical issues can easily escalate, namely to war. I am not

  • PM declares ASEAN Para Games open

    The 12th ASEAN Para Games officially kicked off on the evening of June 3 at Morodok Techo National Stadium in Phnom Penh, with a spectacular opening ceremony featuring fireworks and performances by some of the Kingdom’s most accomplished talents. Tens of thousands of sports fans