Blackstone Minerals ("Blackstone" or the "Company") is pleased to announce the appointment of leading independent advisors to arrange debt financing for
Vintage Energy Ltd (ASX:VEN) Nangwarry Field Update
Nangwarry Field UpdateMelbourne, July 12, 2021 AEST (ABN Newswire) - Vintage Energy Ltd (
ASX:VEN) is pleased to provide an update on the resource estimate of the on-block recoverable carbon dioxide ( CO2 ) sales gas from the Nangwarry Field in the onshore Otway Basin.
- Independent resource estimate confirms sizeable CO2 sales gas resource
- Gross recoverable CO2 best case of 25.9 Bcf (12.9 Bcf net)
- Production test confirmed raw gas flow rates well in excess of commercial requirements
- Joint Venture appoints Vintage as marketing agent to commercialise Nangwarry Field
A revision of the Nangwarry Field recoverable estimates has been conducted by ERC Equipoise Pte Ltd ( ERCE ) following the successful production test of the Nangwarry-1 well.