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Soma completes Somalia offshore 2D seismic survey

06th June 2014

Soma Oil and Gas Exploration has announced the completion of its Somalia offshore seismic acquisition programme which commenced in February 2014

Soma completes Somalia offshore 2d seismic survey
'Our efforts are now focused on the processing, reprocessing and interpretation of the seismic data in order to identify leads and prospects by the end of 2014' - Sheppard, Soma CEO

The seismic acquisition programme was carried out by SeaBird Exploration and concluded in June 2014 with over 20,500 kilometre lines of 2D seismic data having been acquired across a 122,000 square kilometre offshore evaluation area.  The processing of the seismic data is expected to take until late 2014 to complete. 

Soma will provide the processed seismic data to Somalia’s ministry of petroleum and mineral resources.

Soma has the right to apply for production sharing agreements for an area of up to 60,000 square kilometres.

“The completion of the 2D seismic acquisition programme is a significant milestone for both Soma Oil & Gas and the Federal Government of Somalia,” said, Robert Sheppard, CEO of Soma Oil and Gas.  “The quantity and quality of seismic data acquired is at the top end of our expectations and importantly we have managed to complete the seismic acquisition programme with no security or health, safety and environment incidents. 

“Our efforts are now focused on the processing, reprocessing and interpretation of the seismic data in order to identify leads and prospects by the end of 2014.  At that point, Soma Oil and Gas will be ready to apply for production sharing agreements in the areas of most interest to the company.

“Somalia remains a significantly under-explored region despite large recent discoveries elsewhere in East Africa and Madagascar and we are continuing to assist the federal government of Somalia in accelerating the development of its oil and gas potential.”

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