Scandoil.com

Rodinia Oil granted new exploration permit in Western Australia


Published Jun 25, 2010
[an error occurred while processing this directive]

Edit page New page Hide edit links

Rodinia Oil completes phase one seismic interpretation

Rodinia has been awarded two new Petroleum Exploration Permit Applications (EPAs) by the State of Western Australia covering approximately 22,880 square kilometers (or approximately 5,654,000 acres) in Western Australia. These EPAs were issued pursuant to applications made by Rodinia on March 1, 2010.

These two EPAs (EPA 3/09-0 and EPA 4/09-0) are located immediately north of Rodinia's current exploration acreage in Western Australia.

In 1999, on what is now EPA 4/09-0, the Geological Survey of Western Australia drilled the GSWA Vines well to 2,017 meters total depth. A gas show was encountered on drilling at 1,482 meters. This well was originally sited by aeromagnetic and gravity surveys.

"These new lands complete our land holdings over the prospective portion of the Western region of the basin," said Rodinia's President and CEO, Paul Bennett. "The Exploration Permit Applications are located in a tectonically undisturbed region of the basin and add to Rodinia's 17.3 million acres of immense un-risked and undiscovered resource potential in the South and Western Australian region."

Rodinia has priority on this new acreage and the right to convert these EPAs into Exploration Permits ("EPs") provided it negotiates an agreement with the local indigenous people in accordance with the Native Title Act 1993. Once converted to EPs, Rodinia will have the sole right to explore in these areas. Rodinia plans to commence the negotiations with the indigenous people in the latter part of 2010.

Tags: Rodinia Oil Corp.




   

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us

 

sitemap xml


 

Home