UK-based President Energy plans to shoot more seismic on its Pritiy Block in Paraguay after receiving encouraging results from its last survey. Based on the initial view of a 3D survey conducted on the block, President will now acquire a further 700sq km of 2D seismic to detail additional follow-on potential throughout the basin. It is now likely that more than 20 potential drilling targets will be identified by the time the data acquisition and processing is completed in October, said President.
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