Project Profile
Location: offshore Ashmore Cartier Area, Timor Sea, Australia
Area: 583 sq km (AC/P51)
Water depth: 68m
Recoverable Resource: 150 mmboe (high case)
Melbana Energy acquired the interests in AC/P50 and AC/P51 in late 2010 from Silver Wave Energy.
Melbana Energy has identified the Ramble On prospect with proven reservoir, seal and source intervals in a new structural play for the basin. Ramble On is part of a trend of prospects that have been identified using the new Zepplin 3D seismic survey and the reprocessed Onnia 3D survey. Ramble On is approximately 15km from the Montara oil project.
Work Program
Permit year 1 - G&G studies, Play Evaluation
Permit year 2 - 3-D reprocessing and merge-Zeppelin and Onnia 3-D Phase-1 seismic data
Permit year 3 - G&G studies, interpretation and mapping of reprocessed seismic data
Operator:
Melbana Energy: Operator with 100% interest