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Victoria farms into California well



By Upstream staff 

Perth-based Victoria Petroleum has entered into an agreement with US operator Trio Petroleum to participate in the immediate drilling of the West San Antonio-1 onshore well in the Salinas basin, California.

The well is expected to be spudded on 16 January and will be drilled to a total depth of about 2042 metres.

The West San Antonio prospect is a multiple target oil prospect interpreted to have the potential to contain up to 24 million barrels of recoverable oil and 56 billion cubic feet of gas in the target Miocene sands.

Any hydrocarbons discovered in the well are commercially very attractive as an oil pipeline leading to the San Ardo oilfield is situated just three kilometres away at the San Antonio oilfield.

Victoria has a 5% working interest in the West San Antonio-1 well.


Friday, 16 January, 2004, 03:00 GMT  | last updated: Thursday, 28 April, 2005, 16:02 GMT

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