Vintage Energy Ltd (ASX:VEN) Vali-3 Update - ABN Newswire (@ABN_Newswire) abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
Australia: Vintage Energy s Odin-1 gas discovery in the Cooper Basin to be cased for production
31 May 2021
Odin-1 wireline logging confirms extensive gas pay in primary Toolachee and Patchawarra formations, with gas pay also discovered in secondary Epsilon Formation
Odin-1 to be cased and suspended for future production
Odin-1 drilled ahead of schedule and under budget
100% success rate to date with three wells drilled in Cooper Basin
SLR184 rig move to Vali-3 site follow casing of Odin-1
Vintage Energy has provided an update on the successful
Odin-1 exploration well in the Cooper Basin.
Neil Gibbins, Vintage Managing Director, said:
The outstanding results from the Odin-1 exploration well makes it three successful wells cased for production from three drilled in the Cooper Basin. This welcome success is further confirmation of the Vintage team’s acknowledged ability to find oil and gas in areas previously worked over by others.
Vintage Energy Ltd (ASX:VEN) Odin-1 Operations Update
Odin-1 Operations UpdateMelbourne, May 27, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on the Odin-1 exploration well in the Cooper Basin.
Cooper Basin - PRL 211 (Vintage 42.5% and operator, Metgasco Ltd (
ASX:MEL) 21.25%, Bridgeport (Cooper Basin) Pty Ltd 21.25%, Impress (Cooper Basin) Pty Ltd 15%)
The Odin-1 exploration well reached total depth at 3,140 metres at 8:20pm on Wednesday, 26 May 2021. Extensive gas shows were encountered in sandstones through the primary target Toolachee and Patchawarra formations, as well as a basal sand in the Epsilon Formation.
Operations are now focused on conditioning the hole prior to running the wireline evaluation program to further investigate the gas shows. Results from this wireline evaluation will be communicated to the market once complete.
Vintage Energy Ltd (ASX:VEN) Operations Update - ABN Newswire (@ABN_Newswire) abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.