AUSTRALIA

Valhalla-2 shows signs of gas

INVESTORS will be eagerly awaiting further results from Buru Energy and Mitsubishi Corporation's Valhalla-2 well in the Canning Basin, after good to excellent gas shows were recorded in the primary target.

Marija Stojkovic

The gas shows were recorded in the Upper Laurel gas sands which were intersected on prognosis. Fair to poor oil shows were also observed in the Upper Laurel section. Buru said the sands appear to be...

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