Sunshine completes seismic survey

SUNSHINE Gas says it has completed a 57km 2D seismic survey of its Red Rock prospect in Bowen Basin permit ATP 684P, western Queensland.

The survey was conducted updip of the Red Rock-1 exploration well, drilled in August 2004, to test a mapped surface anticline.

While the well was plugged and abandoned, Sunshine said the new seismic data would establish whether Red Rock-1 was drilled outside structural closure at the Aldebaran Sandstone level and if there remains updip potential.

The Aldebaran Sandstone is gas productive south-west of Red Rock, in the Turkey Creek, Springton and Arcturus fields.

Upon a commercial gas discovery, the Red Rock prospect would have considerable strategic and commercial significance, according to Sunshine.

The seismic data will be processed and interpreted over the next few months.

“Hopefully it will result in the identification of a substantial updip conventional gas prospect, which could then be considered for inclusion in Sunshine’s 2007 drilling program,” the company said.

Sunshine holds a 100% interest in ATP 684P.

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