Metgasco’s (ASX:MEL) Vali-1 ST1 well reaches depths of more than 2200 metres
- On January 10, Metgasco's (MEL) Vali-ST1 gas exploration well reached a depth of more then 2200 metres
- Initial analysis indicated that gas has been intersected in multiple sands
- The estimated farm-in costs is expected to be no more than $5.3. million
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