Operations UpdateMelbourne, April 30, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide a brief update on activities relating to Nangwarry-1 in the onshore Otway Basin and the Vali gas field in the Cooper Basin.
- PEL 155: Downhole gauges collected and pressure data being analysed for updated volumetric assessment of Nangwarry reservoir
- ATP 2021: Vali-2 drilling ahead at 2,403 metres in Toolachee Formation; gas shows observed
Otway Basin - PEL 155 (Vintage 50%, Otway Energy Pty Ltd 50% and operator)
Downhole gauges in Nangwarry-1 have been retrieved, with pressure data currently being analysed to provide an updated volumetric estimate of the Nangwarry reservoir. Once this work is completed a volumetric estimate for Nangwarry will be reported to the market as soon as possible.