Wolf Petroleum kicks off Mongolian oil and gas hunt
February 8 (Proactive Investors) Wolf Petroleum (ASX:WOF) has started comprehensive geophysical programs at its Sukhbaatar block in Mongolia to confirm the structure and depth of hydrocarbon basins.
Gravity and magnetic studies will cover the entire 23,047 square kilometre block.
Following the expected completion of this program in March 2013,the company will start a 2D seismic survey and a petroleum geochemical work program in April.
The ground based program consists of more than 6,300 survey points and 11,000 line kilometres of survey work.
Processing and interpretation of the geophysical data will be done simultaneously in Mongolia and the U.S. to accelerate processing and interpretation time.
Data from the geophysical survey will assist with interpretation of high resolution remote sensing surveys that Wolf is conducting.
Data from the 2D seismic and geochemical programs will confirm the presence of a petroleum system under the block and focus the 2013 drilling program towards areas of live hydrocarbon seepage.
Gravity and magnetic studies will cover the entire 23,047 square kilometre block.
Following the expected completion of this program in March 2013,the company will start a 2D seismic survey and a petroleum geochemical work program in April.
The ground based program consists of more than 6,300 survey points and 11,000 line kilometres of survey work.
Processing and interpretation of the geophysical data will be done simultaneously in Mongolia and the U.S. to accelerate processing and interpretation time.
Data from the geophysical survey will assist with interpretation of high resolution remote sensing surveys that Wolf is conducting.
Data from the 2D seismic and geochemical programs will confirm the presence of a petroleum system under the block and focus the 2013 drilling program towards areas of live hydrocarbon seepage.
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