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) is pleased to announce the appointment of leading independent finance advisory group, BurnVoir Corporate Finance Limited, as financial adviser.
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Vintage Energy Ltd (ASX:VEN) Vali-2 Successful and Cased for Future Production
Vali-2 Successful and Cased for Future ProductionMelbourne, May 12, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on the Vali-2 appraisal well and the Odin-1 exploration well in the Cooper Basin.
Neil Gibbins, Vintage Managing Director, said The Vali-2 well has more than met our expectations and highlights the multi-well field development potential at Vali. The identification and recovery of a gas sample from the Toolachee Formation indicates the conventional upside we were hoping for and we anticipate a corresponding reserve booking for the formation and an increase in the overall Vali Field reserves. Along with confirmation of the significant Patchawarra Formation potential, this is an excellent result for the Joint Venture. Vali-2 was drilled expeditiously and safely, and I would personally like to thank all involved in the drilling, casing and su