Cairn Lanka, the Sri Lankan subsidiary of Cairn India, plans to start seismic data acquisition in the Mannar basin by the later part of 2009.
The Block SL 2007-01-001 which is offshore north-west in Sri Lanka and covers approximately 3,000 sq km in water depths of 200 mtrs to 1,800 mtrs was awarded to the company in the recent Sri Lanka bid round. The work programme includes proposals to acquire 5,000 km of 2D, 1,000 sq km of 3D seismic and drill three wells in the initial three years of the eight-year exploration period.
The Mannar basin is a frontier petroleum province that is yet to be explored. Cairn Lanka will invest in the region in exploring the block by applying the best in class technologies and industry practices in the search to establish whether commercial quantities of hydrocarbons can be found.
Source : ProjectsToday
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