News

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.


Galilee Basin Albany Field drilling update

Tuesday, August 27, 2019

Vintage Energy Ltd (“Vintage”, ASX: VEN) is pleased to provide an update on the drilling and coring of the Albany-2 well, located in the Galilee Basin, as part of the Galilee Basin Deeps JV with Comet Ridge Ltd (“Comet Ridge”, ASX: COI). Following the running and cementing of 7” casing down to 2,452 metres, coring commenced on Sunday 25 August, with one 27 metre core cut from 2,455 metres to 2,482 metres, 100% of which was recovered from the well bore. Initial inspection indicates the core is predominantly sandstone. Planned total depth of the well is 2,752 metres, with the Lake Galilee Sandstone estimated to be approximately 300 metres thick. The coring is targeting the recovery of representative sections of reservoir sands and intervening shales. Upon completion of the coring, the core itself will be analysed to better understand the reservoir.

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Galilee Basin Albany Field drilling update

Tuesday, August 20, 2019

Vintage Energy Ltd (“Vintage”, ASX: VEN) is pleased to provide an update on the drilling and coring of the Albany-2 well, located in the Galilee Basin, as part of the Galilee Basin Deeps JV with Comet Ridge Ltd (“Comet Ridge”, ASX: COI). Following the running of 7” casing down to 2,452 metres, at 6:00 am this morning the casing was being cemented prior to preparing to core the target Lake Galilee Sandstone section. The planned total depth of the well is 2,752 metres, with the Lake Galilee Sandstone estimated to be approximately 300 metres thick. The upcoming coring is expected to recover representative sections of reservoir sands and intervening shales.

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Galilee Basin Albany Field drilling update

Tuesday, August 13, 2019

Vintage Energy Ltd (“Vintage”, ASX: VEN) is pleased to provide an update relating to the drilling status of the Albany-2 well, located in the Galilee Basin, as part of the Galilee Basin Deeps JV with Comet Ridge Ltd (“Comet Ridge”, ASX: COI). Albany-2 is currently drilling ahead at 1848 metres toward the intermediate casing point at 2,430 metres. The planned total depth of the well is 2,752 metres and with drilling, coring and logging, operations are expected to take a total of approximately 31 days.

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Galilee Basin Albany Field drilling update

Tuesday, August 6, 2019

Vintage Energy Ltd (“Vintage”, ASX: VEN) is pleased to provide an update relating to the drilling status of the Albany-2 well, located in the Galilee Basin, as part of the Galilee Basin Deeps JV with Comet Ridge Ltd (“Comet Ridge”, ASX: COI). Albany-2 spudded on Tuesday 30 July at 7.00am AEST and is currently drilling ahead at 853 metres after setting surface casing at 708 metres. The planned total depth of the well is 2,752 metres with drilling, coring and logging operations expected to take approximately 31 days.

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APA progresses unlocking Galilee gas basin supply

Monday, August 5, 2019

APA Group (ASX: APA), a leading Australian energy infrastructure business, today announced it has been granted a Survey Licence by the Queensland Government for its proposed Galilee Moranbah Pipeline. This is further progression of the work being done under the Memorandum of Understanding with Comet Ridge Ltd (ASX: COI) and Vintage Energy Limited (ASX: VEN) to connect Queensland’s Galilee Basin to gas markets.

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Vintage Energy

Vintage Energy Ltd has been established to acquire, explore and develop energy assets principally within, but not limited to, Australia, to take advantage of a generally favourable energy pricing outlook.

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