June 3 (LNGJ) - Australian exploration and production company Metgasco and its partners have reported success in the drilling of the Odin-2 appraisal well in the South Australian Cooper Basin. “The well drilled to appraise the eastern flank of the Odin gas field encountered gas pay in the Toolachee, Epsilon and Patchawarra formations, the primary targets in the well,” said Metgasco.
The Odin gas field is undergoing appraisal with gas produced being supplied to the Pelican Point Power joint venture of ENGIE Australia and Japan’s Mitsui under a long term contract running out in December 2026. “This successful drilling result at Odin-2 will enable the joint venture to progress with plans to rapidly tie-in the well to increase Odin gas production and associated revenue,” explained Metgasco Managing Director Ken Aitken.