VPE 0.00% 41.5¢ victoria petroleum nl

8m strong oil shows in primary, page-14

  1. 618
    3,211 Posts.
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    Great news :)

    I believe Growler-1 was scheduled to occur about the same time as the drilling of Growler-2, which is scheduled as the next well after Wirraway-1. With Margarita programme about to recommence, and the flow-testing at Wilpinnie-4/Tomcat-1 appraisal to follow in June, there's a bit of newsflow coming over the next few months.

    Best part is... with Jingemia-11 now producing, their net is back towards 400-500bopd. If they can get Growler and Wilpinnie to flow properly and put on EPT, VPE could be enjoying a net prod of 600-700bopd. Not bad for a 45 mn MC company.

    Time is our friend here I suspect.

    Cheers,
    618
 
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