Vermilion
Vermilion
Vermilion
Australia

Australia

  • Vermilion operates the Wandoo field and offshore platform
  • Wandoo provides attractive ‘attic’ and ‘flank’ oil development opportunities
  • The exploitation plan aims to significantly extend the life of this field

Vermilion plans to drill three multi-lateral wells in the Australia Wandoo field in the second half of 2010 effectively placing new lateral wellbores into portions of the reservoir believed to contain oil that would not likely be recovered from the existing wellbores.  The three wells are expected to be completed at a significantly lower cost than the two wells drilled in 2008, and are anticipated to yield between 1,500 and 2,000 boe/d of combined initial production commencing in late 2010.

Vermilion continued preparations to drill three wells in the Wandoo Field in the third quarter of 2010 based on the continued strong performance of the two wells drilled in December 2008.

 

Australia