18 August 2015, News Wires – Petro Matad aims to carry out an airborne survey over two blocks onshore Mongolia next month after awarding the data acquisition deal to Bell Geospace.
The contractor will carry out acquisition of 11,000 square kilometres of full tensor gravity gradiometry data over an area of mountainous desert and steppe in blocks 4 and 5 in central Mongolia.
“The programme is designed to provide high-resolution gravity coverage, capable of resolving prospect scale structural features, to aid in correlation between 2D seismic profiles and extrapolate structural networks into frontier areas to optimize future exploration work,” London-listed Petro Matad said in a statement.
It will be the first such survey to be carried out as part of oil and gas exploration in the North Asian country.
The contract, for which a value was not disclosed, follows the recent award to Khet of a 2D seismic survey over the same blocks, which are wholly owned and operated by Isle of Man-incorporated Petro Matad.