The well has intersected about 150m gross gas and 65m net gas within the Mugaroo Formation target.
The well reached a total depth of 3724m from the rig rotary table.
Following drilling, wireline logging has conducted and confirmed the presence of a gas column through pressure measurements and gas sampling.
The well will be plugged and abandoned as planned.
Toro is in Western Australia's Exmouth sub-basin, within 22km of Woodside's Ragnar-1A discovery.
Woodside is operator and 70% equity owner of WA-430-P.
Mitsui has the remaining 30%.
Woodside executive vice-president global exploration Philip Loader said the successful exploration outcome built Woodside's gas volumes within the Exmouth sub-basin.
