Australian energy company WHL Energy Limited provide an update on the interpretation of data obtained from the La Bella 3D seismic survey acquired in the Otway Basin permit VIC/P67 (WHL 40% and AWE 60%), offshore Victoria, in late 2013.
While further state-of-the-art and more detailed interpretation studies still need to be completed, initial results are encouraging, with highlights including:
◾ Preliminary evaluation of an initial Fast Track Volume in the near La Bella area confirms the La Bella gas/condensate field and adjacent exploration prospects to generally be as previously interpreted;
◾ Stacked amplitude anomalies high-grade the previously identified Ferrier and Mylius features, and
◾ Preliminary mapping corroborates other previously mapped prospects, although additional work remains to be done.