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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