Vintage Energy Ltd (ASX:VEN) is pleased to announce the results of the independent certification of contingent resources for the Odin Field in the Cooper Basin.
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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.