Ann: VEN: Odin field starts gas supply, page-18

Did a bit of digging on gas production from the Toolachee Formation from wells south of Odin-1. If the published Beckler1 or Beckler 2 well production profiles from the Toolachee Formation were potential analogue production profiles for Odin-1, monthly revenue in the first 6-12 months for Odin-1 would impressive. Although, if Odin-1 were to have a production profile closer to Bow-1 which geographically is closer to Odin-1, then revenue would be less impressive (see below). I'm thinking a Beckler 2 production profile analogue for Odin-1 may be reasonable to expect.

• An early (first 6-12 months) Odin-1 production curve similar to Beckler 1 could provide $1million net MEL for a few months (See below)
• An early (first 6-12months) Odin-1 production curve similar to Beckler 2 could provide $0.5 - 0.6million net MEL for a few months (See below)

Link to SA gov. data base
PEPS - Home

Then click on Production Modules

Then type Beckler 1 into Search box for completions. Of any other well...........


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Formation Evalution data.

BECKLER-1



BECKLER-2




BOW-1



Kind regards OldGeo