Vintage Energy Ltd. (AU:VEN) has released an update.
Metgasco Ltd has announced the commencement of drilling at the Odin-2 appraisal well, aimed at evaluating the potential of the Toolachee, Epsilon, and Patchawarra reservoirs following the Odin-1 well’s successful gas flow in 2023. If successful, the company anticipates first gas from Odin-2 within three months, contributing to an existing contract with Pelican Point Power in Adelaide. The drilling process is expected to last 3-4 weeks, with weekly updates promised to shareholders.
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