The company said the new data over the eastern part of the permit has fulfilled the three-year work program commitments and will provide an updated understanding of the area's potential.

Several leads in the permit have been defined but only on sparse existing data.

The eastern area has not been targeted for significant exploration in the past, partly due to the area being further out in the basin than existing producing fields, as well as increasing water depths in the permit's southeastern corner.

BSOC said processing, interpretation and mapping of the data will take several months.

Meanwhile the Pacific Titan vessel has moved to acquire 150km of 2D seismic in Vic-P65 for Eagle Bay Resources.

The survey is designed to provide regional information over a structural lead in the southwest portion of the deepwater exploration block.

Eagle Bay said it would also use the survey as the basis of farm-out material to attract a larger company with deepwater focus to farm-in and operate the block.

According to Eagle Bay, the block is a prospective extension of the prolific Gippsland Basin area to the west, which contains world class proven oil and gas accumulations, and to date has produced over 3.8 billion barrels of oil and 6.5 trillion cubic feet of gas.

The survey is expected to take less than two days to shoot.