It says PGS used "data from 8 wells with reprocessed 2/3D seismic data", not new seismic, and that study was paid for by the JDA.
6. Nigeria - São Tomé and Príncipe Joint Development Zone (JDZ)
An initiative led by the Nigeria - São Tomé and Príncipe Joint Development Authority (JDA) to integrate well data and seismic on the JDZ Blocks in which drilling has occurred so far is now completed. The integration initiative includes JDZ Blocks 2, 3 and 4 in which ERHC has an interest. The JDA also has agreed with Petroleum Geo-Services (PGS) for the general marketing and promotion of the data and related studies to a worldwide client pool. The JDA, in partnership with PGS, presented the data at the Petroleum Exploration Society of Great Britain (PESGB) Conference on Africa Conference in London earlier this month, and ERHC had a representative in attendance. The JDA is establishing a data review facility to enable prospective new operators and partners review the data.
News 
Market Data 
Discover 
AI
