CAMAC announced it has signed an agreement with Sander Geophysics Limited to shoot airborne gravity and magnetic geophysical surveys on its Kenya onshore Lamu Basin Blocks L1B and L16. The data acquisition will cover the entire 12,197 square kilometers in Block L1B and the entire 3,613 square kilometers in Block L16, exceeding the first exploration period's gravity and magnetic survey requirements for each Block. The company expects SGL to commence data acquisition in the second quarter of 2013 and provide initial results in the third quarter of 2013.
- Mergers, Acquisitions & Takeovers
- data acquisition