Comet Ridge has provided an update on the drilling operations at the Albany-2 well in the Galilee Basin. The well is being drilled as part of the Galilee Deeps Joint Venture drilling programme with Vintage Energy.
Since the last drilling update to the ASX on 10 September 2019, downhole wireline logs have been run and have indicated good reservoir quality and the presence of gas in several of the sandstone sections of the target reservoir. Logging operations over the past week have taken pressure measurements before being interrupted by the tool getting stuck in the hole. Comet Ridge is currently undertaking fishing operations to retrieve the tool, which is expected to be completed over the coming days.
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