The WA Department of Mines and Petroleum has converted SPA 17 AO into EPA-0131 after Oilex fulfilled all the required work commitments.
Oilex acquired, processed and interpreted a 4060 line kilometre gravity gradiometry/magnetic survey.
Under the terms of the SPA, Oilex had exclusive rights to negotiate a formal exploration permit with the government.
The final report for SPA 17 AO, Oilex was required to incorporate newly acquired data with existing seismic and in the process, the company has confirmed the structural model of the Wallal Graben structural model and its extension into SPA 17 AO.
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