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EXPLORATION

3D doubles Vic gas resource estimate

3D OIL has revised up its resource estimates for two leads within the Emperor sub-group in permit VIC/P74 which it shares with a subsidiary of Hibiscus Petroleum Berhad by almost 100% after inhouse work by its exploration manager.

Helen Clark
Estimates almost double

Estimates almost double

The 1000sq.km permit is on the southern terrace of the Gippsland Basin, beside prolific oilfield Kingfish.  "Most of the permit is covered by 1000sq.km of 3D seismic data which was recently reprocessed...

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