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Spectrum begins new seismic study of Luderitz Basin, offshore Namibia

Oilfield Technology,

Spectrum, in partnership with the National Petroleum Corporation of Namibia (NAMCOR), has commenced a new project in the Luderitz basin following the successful completion of an extended  2D Multi-Client seismic survey covering the  deep water Orange Basin,  offshore Namibia.

The Orange Basin program acquisition has been completed with additional lines now extending the program to over 8000 km of long offset data.  The vessel has now commenced a new regional program in the Luderitz Basin consisting of 4400 km plus a potential infill of 1200 km.

Seabird Exploration is providing the acquisition services through their Northern Explorer vessel, which performed exceptionally well during January and February.  Nearly 4000 km of high quality data was acquired in February and the extended survey was completed ahead of schedule.  Further prefunding has enabled Spectrum to add additional lines to the Orange Basin program and to commence the new Luderitz Basin survey.

There is considerable attention in the area at this time. The new survey is located immediately between the recently announced BP farm-in to the Serica 2513 A&B blocks and the potential in the Petrobras/BP/Chariot 2714A block. Very little seismic data is available over these blocks and Spectrum’s survey will provide both Operators and potential Partners with a good quality regional dataset to evaluate this almost unexplored area.

The Orange Basin survey is now in processing with final deliverables expected to be available in June 2012.  The Luderitz basin survey will be available in August.

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