Investor Presentaiton
Galilee Basin - potential four well campaign
Ensign 932 rig to arrive early/mid April
- Fit for purpose rig with increased horsepower
Drilling pad build commenced
Targeting the large 61 km² conventional
Albany gas structure
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Successful gas flow at Albany-1 of 230,000 scfd
Only 13 metres of target zone intersected.
(approximately 10%)
Albany-1/ST1 to drill all of original target zone
Substantial coring program planned
• Albany-2 to appraise the scale of the Albany
Field
• Fracture stimulation of both wells
Option for a further two wells
Albany-1 gas flow with no fracture stimulation;
target zones to be tested completely as part of
new well campaign
932
Successful gas flows at Albany-1 to be further appraised
VINTAGE ENERGY
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