Victoria Petroleum plans 8 wells in next three months
Posted: 7 April 2005
Victoria Petroleum NL has scheduled an active exploration, appraisal and production testing program within Australia and the USA over the next three months.
This will consist of the drilling and testing in the Texas Flour Bluff Gas Project of 6 wells, 1 well in the offshore Carnarvon Basin with Apache Energy, 2 development wells in the Perth Basin and the commencement of the first of 9 wells in the South Australian Cooper Basin.
The active exploration program will continue over the following six months with up to a further 12 wells to be drilled for a total of 18 wells over the next nine months.
The timing of the drilling of each well and the Victoria Petroleum NL interest in each well and permit is subject to rig, lease availability and farmout and government approval to drill.
For information see www.vicpet.com.au