Vintage Energy’s appraisal on Odin has been impacted by heavy rainfall this month.
The aftermath on Odin has resulted in flooding and road closures; this has prevented ground access, disrupting freight of equipment and site preparation.
Current estimates are for this situation to persist for several weeks, with this timeline being highly dependent on ongoing weather conditions such as the rate of evaporation and additional rainfall.
With this qualification, it is now expected site preparation will commence in early May, with rig mobilisation to site to occur subsequently.
Vintage anticipates spudding of the Odin-2 appraisal well will most likely occur in May, approximately one month later than advised previously.
Vintage will provide further updates on timing of the Odin appraisal drilling as clarity and certainty permit.
Odin-1 and Vali-1 are online and producing consistent with previous trends.
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