The resultant flooding and road closures has prevented ground access, disrupting freight of equipment and site preparation.
Current estimates are for this situation to persist for several weeks, with this timeline being highly dependent on ongoing weather conditions such as the rate of evaporation and additional rainfall. With this qualification, it is now expected site preparation will commence in early May, with rig mobilisation to site to occur subsequently.
Vintage anticipates spudding of the Odin-2 appraisal well will most likely occur in May, approximately one month later than advised in the investor presentation lodged with the ASX on
Vintage will provide further updates on timing of the Odin appraisal drilling as clarity and certainty permit. Odin-1 and Vali-1 are online and producing consistent with previous trends.
About
Contact:
Managing Director
+61 8 7477 7680
info@vintageenergy.com.au
Investor relations
+61 439 300 932
don.murchland@vintageenergy.com.au
Copyright (C) 2024 ABN Newswire. All rights reserved., source