PDIP intend to increase the geo-scientific understanding of GHN and GHC by undertaking additional geophysical work. This will be done with a view to identifying an onshore drilling target, whilst also providing geological knowledge of the entire Port au Port Peninsula (and, therefore, aiding the efficient exploitation of other structures).
This initiative began with the filing of a geophysical program in August 2006, and the cutting of lines late in 2007 for a 2D seismic survey. PDIP are currently planning the drilling and acquisition phases of the seismic project.
The table below is a summary of PDIP’s prospective resources at Garden Hill North and Central:
Prospective Resources Summary:
| PDIP Net (100%) | ||||||
|---|---|---|---|---|---|---|
| Prospect / Lead | P90 | P50 | P10 | Mean. | POSc | |
| South GHC onshore | Oil in MMbo | 3.9 | 6.9 | 10.3 | 9.8 | 21% |
| South GHS onshore | Gas in Bcf | 7.2 | 12.9 | 19.7 | 17.9 | 21% |
| PDIP Net (100%) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Prospect / Lead | P90 | P50 | P10 | Mean. | POSc | ||||
| North GHC onshore | Oil in MMbo | 1.9 | 7.5 | 25.9 | 8.9 | 21% | |||
| North GHS onshore | Gas in Bcf | 3.5 | 14.1 | 49.3 | 17.5 | 21% | |||
| Garden Hil North | Oil in MMbo | 2.0 | 4.9 | 12.0 | 6.3 | 21% | |||
| Garden Hil North | Gas in Bcf | 3.7 | 9.3 | 22.9 | 11.9 | 21% | |||
Areas of operation
Port au Port peninsular
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