In order to gain new valuable information regarding generated hydrocarbons in the East Java Sea area, two separate surface geochemical programs are proposed. Samples will be collected from locations selected from seismic; to identify seeped hydrocarbons in the area. SGS and PetroConsult in cooperation with P.T. Komaritim and Migas propose to undertake an exploration surface geochemistry survey over the area in the East Java Sea proposed below. For information on this survey please email Ian Reid here.
Long time client of PetroConsult Pty Ltd, Natural Gas Australia Ltd, advised shareholders that it has given notice to Shell Development Australia and Osaka Gas that it has accepted Shell's offer to purchase the 25% interest in NT/P47 and NT/P48 by pre-empting the sale of those interests by Shell. The purchase of this further interest will increase their interest in the substantial Evans Shoal Gasfield in the Australian Sector of the Timor Sea to up to 40% interest. In addition, a Scheme Implementation Agreement has been entered into with Santos whereby a merger proposal will be submitted to the shareholders and optionholders of Natural Gas Australia for their approval.
PetroConsult Pty Ltd, under contract to the Victorian Department of Natural Resources and Environment, has recently assisted in a study into the prospectivity of the offshore Otway Basin. The study is the second undertaken with the department and reinforces our close relationship and expertise in the Otway Basin. the report covers the release areas V01-1, 2 & 3 located in the Voluta Trough. The two reports, available from the department are entitled:
The study undertaken in 1998 identified a number of Waarre structures in the Shipwreck Trough, including one later named Geographe by operator Woodside. Geographe (Vic/P43) and Thylacine (in Tasmanian permit T/30P) were delineated by the Investigator 3D after permits were awarded to a joint venture operated by Woodside. Both prospects are to be drilled in a campaign shortly.
PetroConsult is now able to offer integrated charge modelling and hydrocarbon detection through alliances with Geotrack International, Resource Management (Australia) and Surface Geochemical Services AS (Norway). Geotrack International is the world leader in AFTA and ZFTA for thermal modelling. Resource Management has extensive experience in the field of ALF data interpretation, whilst SGS is a contractor in the field of sea-bed surface sampling for geochemical anomalies.
We have formed an
alliance with Geotrack International to provide
integrated project studies in the field of charge prediction. Geotrack pioneered and
developed Apatite Fission Track Analysis and are the internationally recognised leaders in
the field. They provide AFTA, high quality vitrinite reflectance services (through
Keiraville Konsultants Pty Ltd) and interpretation reports.
Business Address (Australia): Geotrack International Pty Ltd, 37 Melville Road, Brunswick West, Victoria 3055 Australia. Tel: +61 3 9380 1077 Fax: +61 3 9380 1477 Email: mail@geotrack.com.au
PetroConsult has
an agreement with Resource Management (Australia) Pty Ltd (A.C.N 079 076 010) for
Specialist interpretation of Remote Sensing Data (ALF seepage data, magnetic structural
data, gravity data, marine "Sniffer data" and satellite data.
Resource Management (Australia) Pty Ltd is a new and innovative specialist company established to provide the Petroleum Industry with technical expertise in all aspects of interpretation of remote sensing data.
The Company benefits from employing personnel with some of the greatest level of in-depth understanding and experience of these interpretation tools worldwide. Complimenting this skill base is access to the latest computing technology and interpretation software.
Over the past year the Company has been involved in several major interpretation projects in the Timor Sea and NW Shelf of Australia for industry majors.
PetroConsult has
extended their representation agreement with Norwegian based Surface
Geochemical Services (a division of Geolab-Nor) to offer their services here in Australia. The company has
expertise in offshore surface sampling for thermal hydrocarbons.