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Vintage Energy Ltd (Vintage) is pleased to announce that documentation has been fully executed for the transfer of a 15% interest in the Galilee Basin Deeps Joint Venture (GBDJV) across ATP 743, ATP 744 and ATP 1015 to Vintage from Comet Ridge Ltd.
More infoVintage Energy Ltd (Vintage) is pleased to announce that Comet Ridge, as the operator of the Galilee Basin Deeps Joint Venture (GBDJV, Vintage 15%), has signed an agreement with Synterra Technologies to acquire 300-420 km of new 2D seismic across the Galilee Basin permits, ATP 743, ATP 744 and ATP 1015. The seismic acquisition, to be undertaken by Terrex Seismic, is expected to commence in early December 2018 and take approximately 6 weeks to acquire. The estimated gross cost of the survey will be up to $3.5 million and includes both acquisition and processing of the newly acquired data and reprocessing of 619 km of pre-existing 2D seismic data.
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