Vintage Energy Mobilises Rig at the Easternwell and Executes a Farm-in

  • Nov 21, 2019 AEDT
  • Team Kalkine

Vintage Energy Limited (ASX: VEN) announces the mobilisation of the Rig 106 to the Nangwarry-1 well location in PEL 155 in the onshore Otway Basin.

  • The well, operated by the Otway Energy Pty Ltd via a 50:50 Joint Venture, is anticipated to spud on or around 1 December 2019.
  • VEA also executed the EP 126 Farm-in agreement with Firetail Energy Services Pty Ltd, for 10 per cent equity and a Joint Operating Agreement.


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