BGP to commence 3 onshore Multi-Client seismic Surveys Onshore Mozambique by end of Q1 2016

BGP is expected to commence three surveys onshore Mozambique namely in the Zambezi, South Mozambique and Mazenga blocks in by end of Q1 2016.

BGP is to operate in these blocks through its subsidiary Geotech Hongkong Limited in Areas T4A and T4B covering Zambezi (1170km), South Mozambique (1520km) and Mazenga Block (1775km).

The company is currently in the process of securing adequate funding for the above-referenced 3 surveys.

Already the geophysical service company has obtained the Environmental License for planned onshore Multi-Client seismic survey program in Area T4B (Mazenga Basin) of Mozambique.

“When all activities are proceeding as planned, data acquisition for the above surveys will commence by the end of Q1 2016,” BGP says in a statement.