Ruvuma PSA JV partner Aminex has provided an update to its planned 338km2 3D seismic survey\u00a0 over the Ruvuma PSA<\/p>\n
\u2022 Seismic camp fully constructed, and the contractor Africa Geophysical Services Limited (AGS) is completing the mobilization of all necessary equipment to site, which is expected to be completed by mid-February;
\n\u2022 Acquisition of the 338km2 3D seismic survey will commence upon full equipment mobilization;
\n\u2022 The 3D seismic survey is an integral step in progressing and de-risking the Ntorya gas discovery ahead of the drilling of the Chikumbi-1 (CH-1) well;
\n\u2022 The seismic acquisition and subsequent interpretation will seek to refine and confirm the exploitable gas resources of the Ntorya field. Additionally, the survey will provide greater clarity of the potential upside of the discovery as identified by the operator APT, through a reinterpretation of the existing 2D seismic dataset. APT’s revised mapping and internal management estimates suggest a risked prospective gas in place for the Ntorya accumulation of 3,024 Bcf (gross basis, mean case), in multiple lobes to be tested, and a prospective, risked recoverable gas resource of 1,990 Bcf (gross basis, mean case); and
\n\u2022 APT continue to progress with well planning for the CH-1 well with key contracting now being undertaken. The operator continues to target a Q3 2022 spud.<\/p>\n