Vintage Energy and Metgasco have completed flow tests on the Odin-1 well in the Cooper Basin with promising results.
Vintage operates the Odin-1 well and holds a 42.5 per cent interest, while Metgasco holds around 21 per cent, with the remaining interests shared by Bridgeport and Impress.
Vintage perforated a total of 26.6 m over five intervals in the Toolachee formation, along with 7.5 m over two intervals in the Epsilon formation.
Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.