Victoria Petroleum Company News

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Norwest Snaps Up Northern Perth Basin Interests
Friday, February 12, 2010Norwest Energy has reached agreement with Victoria Petroleum to acquire its Northern Perth Basin interests.

Jingemia 12 Development Well Cased, Completed as Oil Producer
Thursday, August 13, 2009Origin Energy, on behalf of the L14 Joint Venture parties, advised that the Jingemia 12 oil development well has been cased and completed as an oil producer.

Vicpet Spies Oil Shows at Snatcher-1 in South Australian Cooper Basin
Friday, June 26, 2009Vicpet noted on behalf of the PEL 111 Joint Venture that good oil shows were encountered at Snatcher-1, located in the Cooper Basin in Southern Australia.

Australian JV Gears Up to Drill Snatcher Prospect in Second Quarter '09
Friday, March 27, 2009The PEL 111 Joint Venture has elected to accelerate the 2009 drilling program in its license, by drilling an exploration well on the Snatcher Prospect adjacent to Santos' operated Charo Field in PPL 177.

Vicpet to Connect Growler-5 Producer to Growler Oil Field Facility
Wednesday, January 21, 2009Growler-5 has been successfully completed with the Ensign 5 workover rig, with the reservoir being perforated underbalanced for production on January 18, 2009.

Vicpet Confirms New Oil Zone, Plans to Tie-In Growler-5 for Production
Monday, December 15, 2008Vicpet has run wire line logs and side wall cores at the Growler-5 well after good oil shows were observes as the well was being drilled to its total depth.

Vicpet Spies 'Good Oil Shows' at Growler-5
Thursday, December 11, 2008Good oil shows have been observed in the target Birkhead Sandstone over the 24 meter gross interval from 1,725-1,749 meters at the Growler-5 well.

Vicpet Spuds Growler-5
Monday, December 01, 2008Vicpet, as operator for the PEL 104 Joint Venture, has advised that Growler-5 commenced drilling with MB Century Rig #3 on November 29, 2008.

Vicpet Clips Stormbird-1's Wings, Plans to Drill Growler-5
Monday, November 24, 2008Vicpet advised that the Stormbird-1 reached total depth, but oil shows proved to be non-commercial. The well will now be plugged and abandoned, and the company will commence drilling the Growler-5 development well.

Vicpet Spuds Stormbird-1 Near Tigercat-1 Oil Discovery
Tuesday, November 11, 2008Victoria Petroleum has spudded Stormbird-1, the fourth well in the current exploration program located 4.5 kilometers to the south of the Tigercat-1 oil discovery and east of the Growler Oil Field.

Vicpet Recovers Oil from DST at Tigershark-1
Thursday, October 30, 2008Vicpet has successfully recovered oil from the first drill stem test at Tigershark-1 in South Australia's Cooper Basin.

Vicpet to Test Oil Shows at Tigershark-1 in Cooper Basin
Wednesday, October 29, 2008Vicpet advised that the Tigershark-1 operation in South Australia's Cooper Basin was preparing to run open hole Drill Stem Test#1 to test oil shows observed in the target Birkhead sandstone.

Vicpet Spuds Tigershark-1 Well Near Growler Oil Field
Wednesday, October 22, 2008Vicpet spudded the Tigershark-1 exploration well, the third well in its current exploration program near the Growler Oil Field, on October 21, 2008.

Vicpet to Complete Tigercat-1 as Oil Producer
Friday, October 17, 2008Vicpet advised that the Tigercat-1 well will be completed as a future oil producer. The Tigercat prospect is interpreted to contain a mean recoverable 0.7 million barrels of oil in the target Birkhead sandstone.

Vicpet Observes Good Oil Shows at Tigercat-1 Well in Cooper Basin
Monday, October 13, 2008Vicpet has observed good oil shows in the target Birkhead sandstone at the Tigercat-1 well, located in Australia's Cooper Basin.

Vicpet Sells Off U.S. Assets to Adelaide Energy
Monday, October 13, 2008The Directors of Victoria Petroleum advised that the Company has accepted an offer from Adelaide Energy Limited to purchase Victoria Petroleum's wholly owned subsidiary Victoria Petroleum USA, Inc.

Growler-4 Flows Clean Oil, Tigercat-1 Drilling Ahead in Cooper Basin
Friday, October 10, 2008Vicpet advised that following completion as an oil production well, the Growler-4 well on cased hole production test has flowed clean oil to the tanks of 240 barrels per day.

Tigercat-1 Spudded and on Prowl Near Growler Oil Field
Monday, October 06, 2008Vicpet spudded the Tigercat-1 exploration well in PEL 104, east of the Growler Oil Field, on October 3, 2008. Tigercat-1 is planned to be drilled to a total depth of 2,100 meters in 11 days.

Vicpet Completes Warhawk-1 for Production
Tuesday, September 30, 2008Vicpet has completed the Warhawk-1 exploration well for production. The drilling rig will be released from Warhawk and move immediately to the Tigercat Prospect near the Growler Oil Field.

Vicpet Encounters Oil Shows at Warhawk-1
Tuesday, September 23, 2008Vicpet advised that the Warhawk-1 exploration well is drilling ahead, and oil shows have been observed over 9 meters in the gross interval from 1,729-1,748 meters in the target Birkhead Sandstone.

Vicpet Confirms 1,673 BOPD Flow at Growler-3 in South Cooper Basin
Monday, September 08, 2008Operator Vicpet advised that Growler-3 reached total depth of 1,837 meters on September 4, and the well has flowed 47 degree API oil to surface at the rate of 1,673 barrels per day with no water on a one inch choke.

Vicpet Encounters Good Oil Shows, Gas at Growler-3 in Cooper Basin
Thursday, September 04, 2008Vicpet advised that Growler-3 was drilling ahead at 1,727 meters in the Birkhead Formation reservoir and that good oil shows of fluorescence and elevated gas readings were encountered in the target reservoir.

Vicpet Drills Ahead at Growler-3 Development Well
Wednesday, September 03, 2008Vicpet advised that the current operation at the Growler-3 development well operation is drilling ahead in 8 1/2inch hole at 1500 meters.

Vicpet Encounters Oil Shows at Growler-4, Drilling to Total Depth
Wednesday, August 20, 2008Vicpet has encountered good oil shows at the Growler-4 development well and is drilling ahead. The full significance of the oil shows in the target horizon is required to be evaluated by wire line logs to be run following drilling to total depth.

Vicpet Kicks Off Drilling at Growler-4
Monday, August 11, 2008Vicpet has commenced drilling operations for Growler-4 located in Australia. The P50 oil-inplace for the Growler structure alone is estimated to be 5.7 million barrels and most likely recoverable oil is estimated to be 1.4 million barrels.

Santos, Vicpet P&A Hudson-1, Continue Exploration
Monday, July 21, 2008Vicpet was advised by Santos Limited, the operator of the ATP 752P Farmin Joint Venture, that the Hudson-1 oil exploration well reached a total depth of 2,430 meters on July 15, 2008.

Santos, Vicpet Continue Drilling at Hudson-1
Tuesday, July 15, 2008Vicpet reported that its Operator, Santos Ltd., advised that the Hudson-1 oil exploration well was at 2,262 meters and drilling ahead in the Basal Jurassic sandstone.

Santos, Victoria Spud Hudson-1 in Australia
Wednesday, July 09, 2008Victoria Petroleum and Santos have spudded Hudson-1. The well is meant to test a prospect with the potential to contain a recoverable oil resource in the most likely range of 1.2 million barrels.

Mosaic, Vicpet Shake on Queensland Farm-In Programs
Thursday, June 12, 2008Victoria Petroleum has entered into agreements with Mosaic Oil NL (Mosaic) for a staged farm-in program consisting of infill seismic acquisition and the drilling of up to three earning wells in Vicpet's southwest Surat tenements.

Paradise Downs Coal Seam Gas Project Being Tested
Tuesday, February 26, 2008Seven coal cores at various intervals in the Walloon Coal Measures between 118 metres and 462 metres have been taken for desorption tests to determine the gas content of the coals in this northern section of Petroleum Lease 171 in the Surat Basin,

Victoria Tries to Drum Up Interest in Eagle Oil Pool Dvlpmnt Project
Monday, February 18, 2008Empyrean currently maintains their 38.5% interest in this project and keenly awaits news of any negotiations with the operator such that a new well can be drilled on this project as early as possible.

Victoria Petroleum Extends Closing Date for Share Purchase Plan
Wednesday, December 26, 2007The Directors of Victoria Petroleum N.L. advise that due to postal delays over the Christmas period the closing date for the current Share Purchase Plan has been extended to 5:00pm W.S.T Monday, 14 January 2008.

Vicpet Gets in on El Fatso
Wednesday, November 28, 2007Victoria Petroleum completed the acquisition of a 20% working interest in the El Fatso gas and condensate exploration project, located in the onshore Gulf Coast, Wharton County, Texas.

Victoria Petroleum to Abandon Lancer-1
Monday, September 10, 2007Victoria Petroleum says that Lancer-1, following the running of wire line logs and sidewall cores where a Permian oil show was observed, has been plugged and abandoned with the drilling rig released.

Victoria Petroleum Spuds Lancer-1
Wednesday, August 29, 2007Victoria Petroleum NL as Operator for the PEL 115 Joint Venture advises that Lancer-1 commenced drilling on August 27, 2007.

Vicpet: Santos Completes Wilpinnie-4 Testing
Thursday, August 09, 2007Victoria Petroleum N.L. said that cased hole production testing operations have been completed at Wilpinnie-4 by the operator Santos Limited and the work over rig released.

Victoria Oil Preparing to Test Growler-2
Tuesday, July 31, 2007Victoria Petroleum is preparing to carry out production tests on the Growler-2 well's 15 meter gross oil column over the interval 1,722 – 1,737 meters. Production testing of Growler-2 will take place with the drilling rig.

Victoria Petroleum to Test West Florence-1
Monday, June 25, 2007Victoria Petroleum advises that testing of the West Florence-1 well is planned to evaluate the oil and gas shows observed while drilling the primary target, the Muddy J sand and two zones in the underlying Main Dakota Formation.

Victoria Petroleum Confirms Hudson-1 Well Will be Spud in August
Friday, June 22, 2007Victoria Petroleum says that the first of Avery's three farmin oil exploration wells in the Barta and Wompi Blocks in Queensland will be drilled in July.

Empyrean: Gas Zone Drilled in Project Margarita Well
Thursday, June 21, 2007Empyrean Energy PLC said that the Dona Carlota-1, a well on the Margarita gas exploration project onshore the Texas Gulf Coast, has been successfully drilled to a total depth of 1,524 meters.

Empyrean: Final Shallow Drilling Program Begins at Project Margarita
Monday, May 21, 2007Empyrean Energy PLC on Monday reported that the Final Wells shallow drilling program at Project Margarita on the Texas Gulf Coast is now underway with the spudding of Agavero #1 over the weekend.

Vicpet: Early Redback Drilling Proposed
Tuesday, May 15, 2007Following the successful outcome of the start of the initial ongoing drilling program on the Margarita Project area, onshore Gulf Coast, South Texas, Victoria Petroleum NL has further increased its exploration activities in this prolific area.

Vicpet Reports Spudding of Colorado Well
Monday, May 07, 2007Victoria Petroleum NL said that Mountain Petroleum Corp. began drilling the West Florence-1 well in Colorado late last week.

Vicpet 'Encouraged' by Early Oil Shows at Wirraway-1
Wednesday, April 18, 2007Victoria Petroleum N.L., as Operator for the PEL 104 Joint Venture drilling Wirraway-1 in PEL 104, the operation was conditioning the hole at a depth of 1,732.8 meters prior to pulling out of the hole.

Empyrean: Project Margarita Production Begins
Wednesday, April 18, 2007Empyrean Energy PLC on Wednesday announced the following update with regard to the Project Margarita shallow drilling program on the Texas Gulf Coast.

Vicpet Spuds Wirraway-1 in Cooper Basin
Thursday, April 05, 2007Victoria Petroleum N.L. as Operator for the PEL 104 Joint Venture, said that Wirraway-1 commenced drilling at 6 p.m. Central Standard Time, Wednesday in PEL 104 on the western margin of the South Australian Cooper Basin.

Vicpet: Wirraway-1 to Spud Soon
Tuesday, April 03, 2007Victoria Petroleum NL, as operator for the PEL 104 Joint Venture, said that Hunt Rig-3 is rigging up on location at the Wirraway-1 exploration well drill site in PEL 104, Cooper Basin South Australia, and is expected to spud shortly.

Vicpet: Kemerkol Drilling Begins
Monday, April 02, 2007Victoria Oil & Gas Plc, the oil and gas development company focused in the Former Soviet Union, on Monday announced that drilling has commenced at the first well of its 2007 development program at its Kemerkol oil project in Kazakhstan.

Vicpet Releases Activity Report, Planned Drilling Schedule
Friday, March 30, 2007John Kopcheff, Managing Director of Victoria Petroleum NL, earlier this week said that the company will soon begin a drilling campaign in its core Australian exploration acreage in the Cooper Basin.

Vicpet: Jingemia-11 a Future Producer
Monday, March 19, 2007Victoria Petroleum NL said that the Jingemia-11 oil development well onshore the North Perth Basin in Western Australia is being completed as a future producer.