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Winchester Energy Advances Texas Waterflood Project with JVU-5 Drilling Start

8:28am on Thursday 9th of October, 2025 AEDT Energy
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Winchester Energy Advances Texas Waterflood Project with JVU-5 Drilling Start

8:28am on Thursday 9th of October, 2025 AEDT
Key Points
  • Drilling of JVU-5 production well started on 7 October 2025
  • Winchester holds 70% working interest and operates the Varn joint venture
  • JVU-5 well planned to reach 4,900 feet depth with a 5-day drilling schedule
  • Varn project includes 10 wells targeting proven and probable reserves of 1.07 million barrels of oil equivalent
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