The fifth well in a Buru-Mitsubishi Corporation joint exploration programme in the Canning Superbasin, Valhalla North-1 was drilled to test the extent of the reservoir into which Valhalla-2 had tapped in 2011.
The Valhalla North-1 well reached a depth of 3356 metres, with the reservoir found over a similar interval to that of Valhalla-2, of about 1300 metres.
Both wells are located on EP371, 50% each owned by the two companies, with Mitsubishi contributing 80% of well costs under the term of its farm-in agreement with Buru.
Buru
