Wessex Exploration reported that following the purchase of approximately 621 miles (1,000 kilometers) of 2-D seismic data shot by TGS-Nopec in 2006, Wessex has completed the reprocessing of the dataset, with particular emphasis on the shallow water area, which will allow a more accurate subsurface interpretation to be made.

The Company is currently negotiating terms for the re-interpretation of the data which once complete is likely to be followed up by a detailed 2-D seismic survey, or perhaps a more-focused 3-D survey, later this year, in preparation for the delineation of a drillable prospect later in 2013.

This activity is in addition to the ongoing farm in negotiations which continue apace.

Tags: Wessex Exploration PLC