Vintage strikes gas at Vali-3 in Queensland
Sydney-listed Vintage Energy has hit gas at its Vali-3 well in Queensland's Cooper basin, it said on June 16.
“While drilling, gas shows were observed in the mid-Nappamerri formation. In addition, oil shows were observed in the Murta, McKinlay, Namur, Westbourne, Birkhead and Hutton formations,” the company said.
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The Vali-3 well was spudded on June 9 and is currently at 2,377 m in the top of the Toolachee formation. The primary objective of Vali-3 is to appraise the extent of the deeper Patchawarra formation gas accumulation discovered in Vali-1 ST1 and confirmed in Vali-2.
Vintage, Metgasco and Bridgeport are partners in the Vali project that is located in Queensland's Cooper basin. Vali was discovered in the Cooper/Eromanga basin in January 2020, when a well encountered a gas pay in Nappamerri, Toolachee and Patchawarra formations.