Vintage Energy Provides Operational Update for its Three Basins

  • Jan 21, 2020 AEDT
  • Team Kalkine

Vintage Energy Ltd (ASX: VEN) has provided an operational update for its onshore Galilee Basin, Cooper/Eromanga Basin and Otway Basin drilling and stimulation campaign.

Key Highlights:

  • Galilee Basin: Albany stimulation and testing program recommenced;
  • Cooper/Eromanga Basins: Vali-1 ST1 cased and suspended; commercial potential being assessed;
  • Otway Basis: Nangwarry-1 cased and suspended; Rig 106 released.

At AEST 12:49PM, the stock was trading at $0.180 per share, down by 2.703% from its previous close.

 

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