Galilee Basin Drilling Update: Albany-1 Well

Monday, May 28, 2018

Vintage Energy and joint venture partner Comet Ridge Limited (ASX: COI) are pleased to provide an update on the ongoing drilling operations at the Albany-1 well in the north eastern Galilee Basin.  At 0600 hrs this morning, the rig was drilling ahead at 1336 metres in the 8-1/2” intermediate hole section, part-way through the Jochmus Formation.

Since the last drilling update, at 0600 hrs on Monday 21 May 2018, drilling operations have seen:

• Continued drilling of 12-1/4” hole from 711 metres to surface casing point at 747 metres;
• Running and cementing of 9-5/8” surface casing;
• Installation and testing of wellhead components and well control equipment at surface;
• Drilling ahead in 8-1/2” hole from the surface casing point to the current depth of 1336 metres.

The total depth (TD) of the well is prognosed to be approximately 2775 metres.

Download the full press release