The company said it will acquire about 500 sq km of seismic data over the central area of the concession which contains the Chaika prospect, with prospective resources of 80bcf (P50) and a chance of success of 26%, and two other exploration leads.

According to the company, the survey is expected to be completed in late November 2011.

Melrose is an oil and gas exploration, development and production firm with interests in Egypt, Bulgaria, Romania, US, France and Turkey.