LONDON - Global Petroleum Limited (LSE AIM: GBP) announced today the successful completion of an airborne Light Detection and Ranging (Lidar) survey for its Juno project in Western Australia. The survey, part of the company's exploration activities, was conducted last week using advanced Lidar technology mounted on a fixed-wing aircraft.
Lidar is a remote sensing method that employs laser pulses to create a detailed three-dimensional digital terrain model (DTM) of the Earth's surface. This technology is instrumental in identifying geological features that are essential for planning exploration programs and analyzing potential drill sites. The DTM will be integrated with aeromagnetic and gravity data to define initial drilling targets at the Juno project. Additionally, the DTM will assist in managing logistics for project infrastructure and access.
The data processing of the Lidar survey is currently underway, with the company expecting to receive the final results in the upcoming weeks. These findings will play a crucial role in guiding the next phases of Global Petroleum's exploration efforts at the Juno site.
Callum Baxter (NYSE:BAX), a representative of Global Petroleum's joint venture partner, expressed satisfaction with the progress at Juno, emphasizing the value of Lidar in enhancing the accuracy of exploration models and supporting the planning of subsurface activities such as drilling.
The completion of the Lidar acquisition marks a significant step forward for Global Petroleum in its exploration strategy, providing the company with high-precision data to inform its drilling and project development decisions.
This news is based on a press release statement and reflects the latest developments in Global Petroleum's exploration activities in Western Australia.
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