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KrisEnergy survey completed

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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.

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