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”, ASX: VEN) is pleased to provide an operations update for its onshore Otway Basin, Galilee Basin and Cooper/Eromanga Basins drilling and stimulation campaigns.
More infoVintage Energy Ltd (“Vintage”, ASX: VEN) is pleased to provide an update on its active operating campaign in the onshore Otway Basin, the Galilee Basin and the Cooper/Eromanga Basins.
More infoVintage Energy Ltd (“Vintage”, ASX: VEN) is pleased to provide an update on its active operating campaign in the onshore Otway Basin, the Galilee Basin and the Cooper/Eromanga Basins.
More infoVintage Energy Ltd (“Vintage”, ASX: VEN) is pleased to provide an update on its active operating campaign in the onshore Otway Basin, the Galilee Basin and the Cooper/Eromanga Basins.
More infoVintage Energy Ltd (“Vintage”, ASX: VEN), as operator of the ATP 2021 Joint Venture (Vintage 50%, Metgasco Ltd 25%, Bridgeport (Cooper Basin) Pty Ltd 25%), is pleased to advise that the SLR-185 rig has been released from the Western Flank and is moving to the Vali-1 location. It is anticipated that the Vali-1 well will spud on or around 15 December 2019. The SLR-185 rig is a 1250 HP rig capable of drilling to 3,500 metres, which satisfies the requirements of the Vali-1 well which has a targeted total depth of 3,140 metres.
As announced to the market on 22 May 2019, Vintage will earn a 50% interest in ATP 2021 from Metgasco Ltd through contributing 65% of the cost of Vali-1 (up to a gross cost of $5.3 million), paying for 65% of past exploration costs, and funding up to $70,000 of 2D and 3D reprocessing. Bridgeport (Cooper Basin) Pty Ltd is also earning a 25% interest in ATP 2021 from Metgasco Ltd by contributing to the cost of Vali-1.
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