DRILLING

Vesta well delayed

The partners in the Vesta-1 well in the Carnarvon Basin have announced the well has been pushed back until mid-to-late first quarter next year.

Vesta well delayed

A statement said scheduling problems with the Ensco-56 rig had caused the delay. The Vesta well is targeting an oil structure ranging from 11.5 (mean) to 23.2 (P10) million barrels and if successful, could be tied back, with the nearby Chamois discovery, into the Stag oilfield infrastructure.

Interests are Apache Energy 57.07%, Tap Oil 12.65%, Victoria Petroleum 12%, Arrow Energy 10% and Sun Resources 7.78%.

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