Welcome to the Vintage Energy investor area where you will find presentations, reports and news that provide updates on the progress of Vintage Energy as it establishes itself as a new and well respected South Australian based gas, oil and energy company.
Vintage Energy Ltd (Vintage) is pleased to advise that Comet Ridge Ltd (Comet Ridge), as Operator of the Galilee Basin Deeps Joint Venture (GBDJV, Vintage 15%), has executed a rig contract with Ensign Drilling to secure Rig 932 for the Albany-2 and Albany-1/ST1 drilling program. The program is scheduled to commence in March 2019 once the wet season has finished. The agreement is for two firm wells plus two contingent wells, with the contingent wells dependent upon evaluation of the Koburra 2D seismic program.
More infoVintage Energy Ltd (Vintage) is pleased to advise that acquisition of the Galilee Basin Deeps Joint Venture (GBDJV, Vintage 15%) Koburra 2D seismic program across permits ATP 743, ATP 744 and ATP 1015 is now underway. The program, being undertaken by Terrex Seismic and co-ordinated by Synterra Technologies, commenced on 30 December 2018, after a short delay in mobilisation of equipment due to local heavy rain. The 2D seismic acquisition will focus on identified Lake Galilee Sandstone leads and prospects to mature them to drillable status and regional seismic to investigate highly prospective structural trends with multi-level targets.
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