Metgasco Ltd (AU:MEL) has released an update.
Metgasco Ltd has announced the commencement of drilling activities at the Odin-2 appraisal well, aiming to assess the gas potential of the Toolachee, Epsilon, and Patchawarra reservoirs. The operation is expected to last 3-4 weeks, with the goal of connecting to an existing pipeline and commencing gas sales within three months if successful. The company plans weekly updates for shareholders during the drilling period.
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