The Australia-listed company reported on Tuesday that hydrocarbons shows of varying intensity were seen in multiple sandstones below 1188.7 metres in the C&H-18 well, with good to excellent shows over a net interval of almost 152.4 metres between 1470.6 metres and 2039.1 metres.
The well is expected to be placed on production in the coming weeks, Incremental stated.
It added that if the well proves to be commercial, there would be significant scope for drilling additional wells.
C&H-18,