PPL 560 - An Example of Low Cost Exploration in the Cape Vogel Basin
Rawson Oil and Gas has a 60% interest in PPL 560, Cape Vogel Basin, Papua New Guinea.
Large multi-Tcf gas potential structures mapped on seismic allowing for scaleable development options dependent on discovered volumes
Buna represents one of the lowest cost muti-Tcf propositions to validate - 2D infill seismic and jack-up rig for shallow coastal water setting
2018: Move to a data room and complete farm-out process
2019 & 2020: Infill seismic acquisition and deliver drill-ready prospect
PPL 560 Location Map
Montage of line EWD09-03 reprocessed seismic data and AVO attributes.