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Vintage Energy Ltd (ASX:VEN) Operations Update
Operations UpdateMelbourne, Feb 5, 2021 AEST (ABN Newswire) - 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.
Otway Basin - PEL 155 (Vintage 50%, Otway Energy Pty Ltd 50% and operator)
The procurement of long lead items for the testing of Nangwarry-1 is nearly complete. These items, along with the Superior Energy rig, will be mobilised to site around the middle of February 2021, with testing of Nangwarry-1 to commence soon thereafter.
Vintage Energy Ltd (ASX:VEN) Operations Update
Operations UpdateMelbourne, Dec 23, 2020 AEST (ABN Newswire) - 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.
- FEED on Vali-1 ST1 connection completed
- Vali-1 ST1 well completion deferred to Q1 2021
- Vali Field Patchawarra Formation gross reserves: 1P of 12.3 Bscf, 2P of 30.3 Bscf and 3P of 78.9 Bscf, which equates to 1P of 13.4 PJ, 2P of 33.2 PJ and 3P of 86.6 PJ
- Nangwarry-1 testing on schedule for late January/early February 2021