Projects >> Roznov

Rožnov, 90% interest (contributing 100%)

The Rožnov project area is a group of 4 permits located approximately 25 kilometres south west of Carpathian’s Krásná and Janovice areas. The area has numerous producing oil and gas fields.

The permits cover an area of prospective sediments with varying possible trapping mechanisms on a faulted margin, the Sub-Beskydy Step, a bulwark on the edge of the Palaeozoic European Platform that slopes southwards beneath the Carpathians, and overlain by a series of Silesian and Sub-Silesian flysch nappes. The most exciting leads are a series of reasonably deep features at the base of a large basin slope, identified by the strong seismic amplitudes, which have been interpreted to be autochthonous fan sequences and could have major potential (100 bcf). Similar fan sequences of Palaeogene age have been described on trend to the southwest.

The Company recorded a seismic program in September 2005 principally over these leads as well as a number of smaller features on the platform edge.

The initial interpretation report received late in the first quarter 2006 was encouraging and it is now being compared in detail with a second report received in June 2006 from the geophysical contractor.

Also completed during the last 12 months was a specially commissioned feasibility study of pipeline routes and drilling locations that threw up differences between local and regional planning requirements. While progress has been made it was recognised early on that the best strategy would be a measured approach and drilling is now not likely to occur before 2007.