EXPLORATION

Texas well flows 1MMcfd: VicPet, Sun

MARGARITA joint venture partners Victoria Petroleum and Sun Resources say the first well in their...

Texas well flows 1MMcfd: VicPet, Sun

Like the other successful wells, Donna Carlota-1 will be tied-into the nearby pipeline, VicPet and Sun said.

The JV is now preparing to test the second well, Agavero-1, and has also moved the drilling rig to the Climaco-1 site, expecteding to spud the well at the end of the week.

Climaco-1 will conclude the JV’s current program, which is a precursor to a higher-impact program targeting 30-200Bcf of gas in the second half of this year.

Empyrean Energy has a 44% interest in the Margarita project, Victoria Petroleum and Sun Resources 20% each and Wandoo Energy 16%.

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