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 announce that it has executed the farm-in agreement for PRL 211 on the South Australian side of the Cooper/Eromanga Basins. This binding farm-in agreement replaces the non-binding term sheet that was initially in place (refer ASX release dated 22 November 2019). Under the joint venture Vintage will become the operator with 42.5%, Bridgeport will have 21.25%, Metgasco Ltd (“Metgasco”, ASX: MEL) 21.25% and a subsidiary of Senex Energy Ltd (“Senex”) 15%, with Senex to be free carried through the drilling of the first well.
More infoVintage Energy Ltd (“Vintage”, ASX: VEN) provides an operations update for its onshore Cooper/Eromanga Galilee Basin stimulation campaign.
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