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 gas field development concept completed

Thursday, September 17, 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%) advises that a development concept for the Vali Field has been completed and estimates a field life of around 20 years. The data used for the development concept was generated from the highly successful flow test of Vali-1 ST1, which delivered a stabilised gas rate over a two- day period of 4.3 MMscfd through a 36/64“choke at 942 psi (flowing well-head pressure). The completion of Vali-1 ST1 is due to take place in October 2020. 

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Nangwarry recoverable CO2 booking

Tuesday, September 1, 2020

Vintage Energy Ltd (ASX: VEN, “Vintage”) is pleased to advise that it has made its first Otway Basin recoverable carbon dioxide (“CO2”) booking for the Nangwarry-1 discovery. Employing a method consistent with the June 2018 Society of Engineers Petroleum Resources Management System (“PRMS”) methodology, a gross Best Case of 25.1 Bcf recoverable CO2 has been booked for the Nangwarry discovery, which is held by the PEL 155 Otway Basin Joint Venture (Vintage 50%, and Lakes Oil NL (“Lakes”) 50% and operator). 

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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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