Page 7 - Patchawarra Formation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Australia: Vintage Energy announces operations update 04 Feb 2021 PEL 155: Nangwarry-1 testing planned for mid to late February 2021 ATP 2021: Non-binding rig LOI to drill Vali-2; Vali-1ST1 to be completed with upcoming wells; flowline equipment purchase deferred to incorporate well results and evaluation of upside potential; joint gas marketing approved by ACCC PRL 211: Non-binding rig LOI to drill Odin-1 Cervantes: Non-binding rig LOI to drill Cervantes-1, contract being negotiated Vintage Energy has provided an update on activities relating to the testing of Nangwarry-1 in the onshore Otw...

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...

Vintage Energy Ltd (ASX:VEN) Quarterly Activity - Cashflow Report    Quarterly Activity - Cashflow ReportMelbourne, Jan 29, 2021 AEST (ABN Newswire) - FEED for the Vali-1 ST1 connection to the Beckler Field (which is connected to the Dullingari facilities and ultimately Moomba) was awarded to GPA Engineering. The main objective of the now completed FEED phase was to complete the necessary engineering to identify long lead items and refine the cost estimate for a final investment decision, which will then initiate the procurement stage. To maximise value from the Vali gas field, through ...

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...

Vintage Energy Ltd (ASX:VEN) Vali Field Reserves    ASX:VEN) as operator of the ATP 2021 joint venture (Vintage 50%, Metgasco Ltd ( ASX:MEL) 25% and Bridgeport (Cooper Basin) Pty Ltd 25%) is pleased to advise that ERC Equipoise Pte Ltd ("ERCE") recently completed a rigorous and independent review of the Vali gas discovery and subsequent flow results, and certified 1P, 2P and 3P reserves for the Patchawarra Formation within the Vali gas field. Key Points: - Strong conversion of 2C Contingent Resources to 2P Reserves - Potential for future resource bookings in Tirrawarra, Toolachee and ...