Everything going exactly according to plan.
Flow rates at Mira 6/2 steadily increasing with a further significant uplift expected as the reservoir pressure in the pilot holes is reduced - so all on course for adding significant reserves during this quarter.
Good news that Vintage have confirmed they have the funding for sinking a hole in the Galilee Sandstones at Albany with the spud date scheduled within the next 12 weeks.
Will be transformational should those Deeps produce meaningful gas - with us already knowing that gas flowed at Carmichael 1 back in 1995 although finding gas was not the objective of sinking that hole at that time.
Our management does exactly what it sets out to do - within the timescales anticipated and within budget which is positively refreshing.
What's not to like?
Watch this space....
Everything going exactly according to plan. Flow rates at Mira...
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