Vintage Energy Ltd (ASX:VEN) 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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Vintage Energy Ltd (ASX:VEN) has continued to execute its exploration program as detailed in the Company's IPO prospectus and described in the review of operations detailed below. Movements in the Statement of Financial Position are a reflection of the program's execution.
Vintage Energy Ltd (ASX:VEN) provides an update on activities relating to the testing of Nangwarry-1 in the onshore Otway Basin and the Vali gas field and Odin prospect in the Cooper Basin.
Vintage Energy Ltd (ASX:VEN) provides an update on activities relating to the testing of Nangwarry-1 in the onshore Otway Basin, the Vali gas field and Odin prospect in the Cooper Basin and the Cervantes prospect in the Perth Basin.
To maximise value from the Vali gas field, through increased production and resultant cash flow, further wells are planned. To this end, potential locations for further drilling in the field have been identified and are under discussion within the joint venture, with rig scouting for these wells underway.
The ACCC has granted interim authorisation for Vintage Energy Ltd (ASX:VEN), Metgasco Ltd (ASX:MEL) and Bridgeport (Cooper Basin) Pty Ltd to enter into joint marketing arrangements.
Vintage Energy Ltd (ASX:VEN) advises the following operational updates for the Cooper Basin ATP 2021 Vali gas field project, the Otway Basin PEP 155 Nangwarry-1 testing program and the Perth Basin Cervantes-1 oil prospect drilling program.
Vintage Energy Limited (ASX:VEN) is pleased to advise that the shortfall shares from its partially underwritten non-renounceable entitlement offer have now been placed. The shortfall from the Offer consisted of 53,238,266 shares at 6.0 cents per share, which will contribute ~$3.2 million.
Vintage Energy Ltd (ASX:VEN as operator of the ATP 2021 joint venture (Vintage 50%, Metgasco Ltd (ASX:MEL) 25% and Bridgeport Pty Ltd 25%) is pleased to advise that ERC Equipoise Pte Ltd recently completed a rigorous and independent review of the Vali gas discovery and subsequent flow results, and certified 1P, 2P and 3P reserves.
Vintage Energy Ltd (ASX:VEN) provides an update on activities relating to the testing of Nangwarry-1 in the onshore Otway Basin and the Vali gas field in the Cooper Basin.
Vintage Energy Ltd (ASX:VEN) announce the 2020 AGM - Chairmans Address and MD Operations Report.