All seismic data has now been acquired. CSEM data has been processed and interpreted across some key prospects. Preparation for drilling, which included an extensive site survey programme (seabed sampling, high resolution seismic, wave and current meter and geotechnical boring), the submission of an Environmental Impact Statement (EIS) and detailed well planning, is now complete for the Toroa prospect in the 2002 Licences. The well will spud in the first half of 2010.
Work continues on Loligo (and other key prospects) which will be the second prospect drilled once a suitable rig has been contracted.
