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.


Vali-1 ST1 fracture stimulation completed

Monday, July 27, 2020

The ATP 2021 joint venture (Vintage Energy Ltd (ASX: VEN, “Vintage”) 50% and operator, Metgasco Ltd 25% and Bridgeport (Cooper Basin) Pty Ltd 25%) is pleased to advise that the six stage fracture stimulation program for the Vali-1 ST1 well has been safely completed, with one stage in the deeper Tirrawarra Sandstone and five stages in the Patchawarra Formation. Timing between the first two fracture stimulation stages allowed brief flowbacks of stimulation fluid and gas from the deepest zones. The gas to surface was flared, however, it is important to note that this flowback was not a flow test as it was done over a short timeframe, and hence not suitable for measurement of rates.  Timing between other fracture stimulation stages did not permit flowback of any further zones

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Vali-1 ST1 fracture stimulation

Thursday, July 16, 2020

The ATP 2021 joint venture (Vintage Energy Ltd (ASX: VEN, “Vintage”) 50% and operator, Metgasco Ltd 25% and Bridgeport (Cooper Basin) Pty Ltd 25%) is pleased to advise that the first fracture stimulation stage for the Vali-1 ST1 well, in the deepest Tirrawarra Sandstone, has been completed. This section will now be cleaned out before being isolated to allow for the second fracture stimulation stage in the shallower Patchawarra Formation.

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Vali-1 ST1 update

Wednesday, July 8, 2020

Vintage Energy Ltd (ASX: VEN, “Vintage”) is pleased to advise that the fracture stimulation of Vali-1 ST1 well, which is to be followed by flow testing, is expected to commence on 12 July 2020.  The ATP 2021 joint venture (Vintage 50% and operator, Metgasco Ltd 25% and Bridgeport (Cooper Basin) Pty Ltd 25%) awarded the Vali-1 ST1 fracture stimulation activities to Condor Energy Services Pty Ltd (“Condor”) in June, with Condor currently mobilising its equipment to site.  This is expected to be completed over the coming days.

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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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