AUSTRALIA-based Swala Energy has identified a number of potential structural leads in northern Tanzania’s Moshi basin after completing a 200 kilometre 2D seismic acquisition program in the area.
Swala chief executive David Mestres Ridge said final processing of field data carried out by local arm Swala Oil and Gas Tanzania (SOGTP) is expected to lead to the identification of potential targets for its 2015 drilling program.
“The SOGTP geotechnical team will now interpret the data over the structural leads it has identified in the Moshi survey with the aim of maturing them into prospects as potential future drilling locations,” Dr Mestres Ridge said.
“The successful completion of this first phase in the 2014 seismic campaign in the Moshi basin has progressed quickly and is a credit to the teams from the newly-listed SOGTP and its seismic contractor Polaris (Tanzania) Limited.”
Swala will now focus its seismic acquisition program on the Kilombero basin where it will acquire a further 430 kilometres of new data over the area where it identified the Kito Prospect in 2013.