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Vintage completes deal with Beach to acquire EP 126

Thursday, February 14, 2019

On 25 January 2019, Vintage Energy Ltd (Vintage, ASX: VEN) received Ministerial consent, the final condition precedent of the Sale and Purchase Agreement between Vintage and subsidiaries of Beach Energy Ltd (Beach) for the acquisition by Vintage of EP 126 in the Bonaparte Basin, Northern Territory. The transaction was successfully completed on 31 January, transferring the title, operatorship and 100% working interest in EP 126 to Vintage. Vintage is now looking forward to working with the Department of Primary Industries and Resources (DPIR), the traditional landowners and all other stakeholders in relation to this prospective tenement.

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Vintage Energy

Vintage Energy has been established to acquire, explore and develop energy assets within Australia that will provide gas to the eastern states.

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