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Posta Del Guidice

License Details:

Area 113.6 km2
Status Application

Interests:

Sound Energy 100%

Permit Area History

The Posta Del Giudice application is located in eastern central Italy. The area falls within the Bradano basin – a foredeep trough of the Southern Apennines. Two main plays exist in the area; gas in Pliocene turbidites and Miocene to Cretaceous aged gas bearing carbonates. To the west of the area, potential exists with allochthonous Mesozoic carbonates.

Four wells were drilled within the permit area between 1972 and 1998. All four were located away from the allochthonous front and all were dry.

When ENI held the block they identified the San Pietro prospect, but this was never drilled. San Pietro comprises a series of Pliocence turbidites overlying an inverted Mio-Cretaceous thrust fold. The Pliocene clastic section is characterised by anomalous seismic amplitudes and “flat spots” may be identifiable on vintage 2D seismic data.

Recent Permit Activity

Sound Energy applied for the permit in 2007. The Company submitted an Environmental Impact Assessment 2010 and this was approved in 2011. Sound Energy is awaiting Regional approval of the application. To date only G&G data studies have been undertaken on the licence.

Sound Energy’s strategy is to continue to evaluate the resource potential of the San Pietro prospect and other leads within the area.