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EXPLORATION

VicPet probing force of Fury

VICTORIA Petroleum and the PEL 115 joint venture have started their two-well drilling campaign with the spudding of the Fury-1 well which is targeting up to 27 million barrels of oil and 23 billion cubic feet of gas.

Marija Stojkovic
VicPet probing force of Fury

Fury-1 was spudded on Sunday and is drilling ahead at 42m. The well will be drilled to a depth of 2000m to test the oil-bearing potential of the Murta and Permian formations in the 3D seismically defined...

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