News

Galilee Basin Drilling Update: Albany-1 Well

Monday, June 18, 2018

Vintage Energy and joint venture partner Comet Ridge Limited (ASX:COI) are pleased to provide an update on the drilling operations ongoing at the vertical Albany 1 conventional appraisal well in the Galilee Basin.

At 0600 hrs this morning, the nitrogen drilling equipment was rigged up and was being pressure tested at surface with the plan of running in hole with the 6-1/8” bit and drilling assembly later today to commence drilling of the Lake Galilee Sandstone target section.

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

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Vintage Energy

Vintage Energy has been established to acquire, explore and develop energy assets principally within, but not limited to, Australia, to take advantage of a generally favourable energy pricing outlook.

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