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Vintage Energy Ltd (ASX:VEN) Financial Report for the Half Year ended 31 December 2020 abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
Vintage Energy Ltd (ASX:VEN) Financial Report for the Half Year ended 31 December 2020 abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
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 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 development concept for the Vali gas field (refer ASX release dated 17 September 2020) identified that up to nine fracture s ....