EXPLORATION

Fury shows signs of wet gas

VICTORIA Petroleum and Monitor Energy have encountered more encouraging hydrocarbon shows at the Fury-1 exploration well in the Cooper Basin, South Australia, with wet gas shows observed while penetrating the Permian sands.

Marija Stojkovic

The wet gas shows are in addition to the oil shows encountered over a 12m gross interval in the Murta Formation from 1309-1321m. Monitor managing director Jon Roestenburg said the gas shows were a positive...

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