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.


MOU signed with Supagas for Nangwarry CO2

Tuesday, August 25, 2020

The PEL 155 onshore Otway Basin joint venture (Vintage Energy Ltd (ASX: VEN, “Vintage”) 50%, Lakes Oil NL (“Lakes”) 50% and operator) is pleased to advise that a non-binding Memorandum of Understanding (“MOU”) has been signed with Supagas Pty Ltd (“Supagas”), an Australian based distributor of gases for domestic, industrial, medical and other applications.

More info

Highly successful Vali-1 ST1 flow-test program completed

Friday, August 21, 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 highly successful flow test program for Val-1 ST1 has completed. During the extended flow test program, a rate of 4.3 MMscfd of gas was measured through a 36/64“choke at a flowing well-head pressure (“FWHP”) of 942 psi over a two-day period. Transient tests were also undertaken with rates recorded between 3.7 MMscfd (through a 24/64” choke at 1,676 psi FWHP) and 7.5 MMscfd (through a 32/64” choke at 1,593 psi FWHP).

More info

Vali-1 ST1 flow-test program commences

Thursday, August 13, 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 a strong gas flare continued to be observed throughout the whole of the flow-back period. Recovery of the injected stimulation fluids reached approximately 53%, with the gas rate reaching 4.9 MMscfd through a 42/64“ choke at a well head pressure of 680 psi.  The well was shut-in once the recovery rate of stimulation fluid had dropped sufficiently for the well testing to commence.  The well head pressure after shut-in built up quickly to ~3000 psi.

More info

Vali-1 ST1 flow-back

Thursday, August 6, 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 a strong gas flare has been observed over the flow-back of stimulation fluid ahead of the flow testing of the well.  The gas stream was diverted through a separator with the rate steadily increasing over the flow-back period.  Recovery of the injected stimulation fluids has reached approximately 40%, with the gas rate reaching 3.7 MMscfd through a 38/64 inch choke at a wellhead pressure of 800 psi. These early indications bode well for gas rates as we will be increasing the choke size during the upcoming flow testing program.

More info

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.

Contact Us

Subscribe

Enter your details to receive updates from Vintage Energy.