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

  • Rainsy stopped in Paris from boarding Thai flight

    Airline officials at Paris’ Charles de Gaulle airport on Thursday prevented Sam Rainsy from boarding his flight to Bangkok ahead of his announced return to Cambodia on Saturday. Prime Minister Hun Sen had earlier in the day assured Phnom Penh residents that there would be

  • Analyst: Rainsy blocked from boarding flight 'an excuse'

    THAI Airways not allowing Sam Rainsy on its route from Paris to Bangkok on Thursday is being used as an excuse to keep his standing among fellow coup plotters and his uninformed supporters as flights to non-Asean countries are available, an analyst said on Friday.

  • Rainsy lands in Malaysia

    Cambodian opposition figure Sam Rainsy arrived in Kuala Lumpur airport on Saturday afternoon after boarding a flight from Paris, where he has been living for more than four years. Ministry of Foreign Affairs and International Cooperation spokesperson Koy Kuong said on Saturday that Cambodia respected

  • Touch: Rainsy will never return

    Sam Rainsy, the “acting president” of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP), has claimed it has achieved 70 per cent of its struggle to find a solution to the current political situation in the Kingdom. Just before boarding a plane at Charles de Gaulle

  • Sokha continues call for dropping of charge after bail conditions reduced

    Not satisfied with having his bail conditions reduced, allowing him to travel freely in Cambodia, Kem Sokha says he wants his charge totally dropped. “As an innocent man who has been in detention for two years even without being found guilty, I continue to demand

  • MEPs' call for Rainsy's safety not European Parliament position

    The European Parliament said on Friday that a statement by 56 Members of the European Parliament (MEPs) calling for guarantees of Sam Rainsy’s freedom and safety should he return to Cambodia did not represent its position. Delphine Colard, the European Parliament’s press officer told