Company News Summary
Energy World Corporation Announces Sengkang 2D Seismic Acquisition
Original announcement: Sengkang 2D Seismic Acquisition
Energy World Corporation reported on the Kampung Baru Gas Field and Wasambo Gas Fields where there are a considerable number of reefal buildups and structures in the Sengkang Contract Area. The Company reported these reefal buildups and structures were classified by AWT as leads, indicating exploration potential which require more seismic data acquisition or evaluation to resolve positioning issues before drilling. The Company further confirmed that it had provided for certain seismic data acquisition as part of its approved plan of development. The Directors have now announced the commencement of 2D seismic acquisition on 27 January 2013 along 178km lines covering prospects and leads throughout some of the undeveloped structures within Sengkang PSC Black.
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