EXPLORATION

AWD seismic technique saving time, costs: L&M

LISTED junior explorer L&M Energy is collecting seismic information over some of its New Zealand leases using a method that is proving quicker and cheaper than drilling shot holes and shooting with dynamite.

Last month, L&M used the Accelerated Weight Drop method - only the second time such technology has been tried in New Zealand - over part of one of its West Coast licences, PEP50558, because drilling shot...

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