Empire Oil & Gas Embarks on Survey of Perth Basin Acreage

Empire Oil & Gas has officially embarked on the aggressive exploration program planned for its onshore Perth Basin acreage in Australia, agreeing to acquire a state-of-the-art geophysical survey, the company said last week.

Under the contract signed with CGG Aviation (Australia) Pty Ltd, the survey will comprise 12,775 line kilometres across approximately 10,000 square kilometres of Perth Basin tenements.

The survey data, which will be acquired by airborne surveying techniques from late March to May 2015, will be used to identify strong exploration leads and prospects for drilling. The interpreted results are expected to be available the September Quarter, 2015.

The survey, which is subject to regulatory approval, will be flown over the entirety of EPs 368, 426, 389, 440, 454, 430, 480 and 416.

Empire  Chief  Executive Ken Aitken said this would be the first time a survey of this magnitude had been undertaken across the Perth Basin.