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Vintage Energy Limited (ASX:VEN) Nangwarry Update - ABN Newswire (@ABN_Newswire)


Vintage Energy Limited (ASX:VEN) Nangwarry Update
  
ASX:VEN) provides an update on the Nangwarry CO2 field in the onshore Otway Basin.
- Commercial flow rates and mid to high case volumes confirmed by production test
- Resource estimate revision underway
- PRL 249 (ex PEL 155): Retention licence granted over Nangwarry discovery
Nangwarry-1 was perforated across the Top Pretty Hill Formation and produced gas at higher than anticipated flow rates of 10.5-10.8 million standard cubic feet per day ( MMscfd ) through a 48/64 choke at a flowing wellhead pressure of 1,415 psi over a 36-hour period. This flow was measured through a 3 orifice plate and choked back to analyse the well over this extended flow period with stable conditions. The well is very productive, with this flow rate well in excess of previous commercial flow rates in the region. ....

South Australia , Department Of Energy , Energy Ltd , Energy Limited , Top Pretty Hill Formation , Joint Venture , Nangwarry Field , Gas Oil , Energy General , Financial General , Vintage Energy Ltd , Asx Ven , தெற்கு ஆஸ்திரேலியா , துறை ஆஃப் ஆற்றல் , ஆற்றல் லிமிடெட் , ஆற்றல் வரையறுக்கப்பட்டவை , மேல் ப்ரெடீ மலை உருவாக்கம் , கூட்டு துணிகர , வாயு எண்ணெய் , ஆற்றல் ஜநரல் , நிதி ஜநரல் , விண்டேஜ் ஆற்றல் லிமிடெட் , அஸ்ஸ் வெண் ,

Vintage Energy Ltd (ASX:VEN) Vali-2 Successful and Cased for Future Production


Vintage Energy Ltd (ASX:VEN) Vali-2 Successful and Cased for Future Production
  
Vali-2 Successful and Cased for Future ProductionMelbourne, May 12, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on the Vali-2 appraisal well and the Odin-1 exploration well in the Cooper Basin.
Neil Gibbins, Vintage Managing Director, said The Vali-2 well has more than met our expectations and highlights the multi-well field development potential at Vali. The identification and recovery of a gas sample from the Toolachee Formation indicates the conventional upside we were hoping for and we anticipate a corresponding reserve booking for the formation and an increase in the overall Vali Field reserves. Along with confirmation of the significant Patchawarra Formation potential, this is an excellent result for the Joint Venture. Vali-2 was drilled expeditiously and safely, and I would personally like to thank all involved in the drilling ....

Neil Gibbins , Metgasco Ltd , Bridgeport Cooper Basin Pty Ltd , Cooper Basin Pty Ltd , Energy Ltd , Vintage Managing Director , Toolachee Formation , Vali Field , Patchawarra Formation , Cooper Basin , Pty Ltd , Vali Field Reserves , Odin Structure , Gross Prospective Resource , Gas Oil , Energy General , Financial General , Metgasco Limited , Asx Mel , Vintage Energy Ltd , Asx Ven , நீல் கிப்பின்ஸ் , பிரிட்ஜ்போர்ட் கூப்பர் பேசின் ப்டி லிமிடெட் , கூப்பர் பேசின் ப்டி லிமிடெட் , ஆற்றல் லிமிடெட் , விண்டேஜ் நிர்வகித்தல் இயக்குனர் ,