Vintage Energy Ltd (ASX:VEN) Operations Update for Vali-2 in the Cooper Basin and Nangwarry-1 in the onshore Otway Basin
Operations UpdateMelbourne, May 7, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on activities relating to Vali-2 in the Cooper Basin and Nangwarry-1 in the onshore Otway Basin.
Cooper Basin - ATP 2021 (Vintage 50% and operator, Metgasco Ltd (
ASX:MEL) 25%, Bridgeport Cooper Basin Pty Ltd 25%)
The Vali-2 well reached total depth at 3,240 metres on Sunday 2 May without any safety incidents. This was a very well executed drilling operation lead by the Schlumberger rig team and the contractor group as a whole.
Vintage Energy Ltd (ASX:VEN) Operations Update
Operations UpdateMelbourne, April 30, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide a brief update on activities relating to Nangwarry-1 in the onshore Otway Basin and the Vali gas field in the Cooper Basin.
- PEL 155: Downhole gauges collected and pressure data being analysed for updated volumetric assessment of Nangwarry reservoir
- ATP 2021: Vali-2 drilling ahead at 2,403 metres in Toolachee Formation; gas shows observed
Otway Basin - PEL 155 (Vintage 50%, Otway Energy Pty Ltd 50% and operator)
Downhole gauges in Nangwarry-1 have been retrieved, with pressure data currently being analysed to provide an updated volumetric estimate of the Nangwarry reservoir. Once this work is completed a volumetric estimate for Nangwarry will be reported to the market as soon as possible.
Vintage Energy Ltd (ASX:VEN) Operations Update
Operations UpdateMelbourne, April 20, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on activities relating to Nangwarry-1 in the onshore Otway Basin and the Vali gas field and Odin prospect in the Cooper Basin.
Otway Basin - PEL 155 (Vintage 50%, Otway Energy Pty Ltd 50% and operator)
Downhole gauges were set at 2,919 metres to record pressure data that will provide an updated volumetric estimate of the Nangwarry reservoir. These gauges are expected to be recovered this week, with data from the gauges to be analysed over the coming weeks. The current gross recoverable estimates for Nangwarry-1 carbon dioxide ( CO2 ) are: Low of 7.8 Bcf (3.9 Bcf net), Best of 25.1 Bcf (12.6 Bcf net), High of 82.1 Bcf (41.1 Bcf net) (refer ASX release dated 31 August 2020).
Vintage Energy Ltd (ASX:VEN) Nangwarry-1 Production Test Update
Nangwarry-1 Production Test UpdateMelbourne, April 7, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on production testing activities for Nangwarry-1 in the onshore Otway Basin.
- Continued strong CO2 gas flow from Top Pretty Hill Formation
- Measured flow rates well in excess of those required for production purposes
- Downhole gauges gathering pressure data over coming weeks
Neil Gibbins, Vintage Managing Director, said The production test of Nangwarry-1 continues to exceed expectations, with choked back flow rates of approximately 11 million standard cubic feet per day ( MMscfd ) observed during an extended flow period at a relatively stable wellhead pressure of 1,415 psi. The well also delivered rates as high as 22 MMscfd (from choke calculations) over shorter periods.
Australia: Vintage Energy announces operations update
03 Mar 2021
PEL 155: Nangwarry-1 testing to commence in mid-March; operator advises slight delays due toCOVID-19 restrictions around transportation of equipment; material value to be added over the long-term upon successful test
ATP 2021and PRL 211: Potential to deliver upside with new wells; rig contract signed for multi-well Cooper Basin campaign
Vintage Energy has provided an update on activities relating to the testing of
Nangwarry-1 in the onshore Otway Basin and the
Vali gas field and
Neil Gibbins, Vintage Managing Director, said: We are pleased that, despite equipment delivery uncertainty and cross-border travel restrictions due to recent COVID-19 lockdowns,the operator has now advised that the testing of