- Odin-1 test program has successfully met all objectives to date
- All perforated zones contributing to gas flow
- Odin-1 to be completed over the Epsilon and Toolachee formations
- Independently certified gross 2C Contingent Resources of 36.4 Bcf (8.0 Bcf net interest)*
The first stage of the Odin-1 flow test delivered a stable flow rate of 6.5 million standard cubic feet per day at a flowing wellhead pressure of 1,823 psi through a 28/64” fixed choke. After this stage, the well was shut-in for 15 days, with the second stage of the flow test recommencing on 18 November 2021.
The second stage focused on the running of a multi-rate memory production log, which confirmed that gas was being contributed from each of the perforated Epsilon and Toolachee formations. Gas samples were taken over the course of the second stage, and these are being transported to Adelaide for analysis.
Ken Aitken, Managing Director
Phone: +61 08 6245 0060