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Vali JV gets nod to market gas May 13, 2021 2:30:am Summary The Australian Competition and Consumer Commission authorisation enables the joint venture to market gas produced from the Vali field in Queensland for five years. by: Shardul Sharma Posted in: Vali JV gets nod to market gas The Australian Competition and Consumer Commission (ACCC) has granted authorisation to Vali joint venture comprising Vintage Energy, Metgasco and Bridgeport to enter into joint gas marketing arrangements, Vintage said on May 13. Vali field is located in the Cooper/Eromanga basin in Queensland. None of the parties currently produce or sell natural gas. The field was discovered in January 2020, when a well encountered a gas pay in Nappamerri, Toolachee and Patchawarra formations. ....
Vintage Energy confirms gas at Vali-2 in Queensland Sydney-listed Vintage Energy on May 12 said Vali-2 logging data has confirmed gas in both Toolachee and Patchawarra formations. “The Vali-2 well has more than met our expectations and highlights the multi-well field development potential at Vali, Vintage managing director Neil Gibbins said. “The identification and recovery of a gas sample from the Toolachee formation indicates the conventional upside we were hoping for and we anticipate a corresponding reserve booking for the formation and an increase in the overall Vali field reserves.” Vintage, Metgasco and Bridgeport are partners in the Vali project that is located in Queensland s Cooper basin. Vali was discovered in the Cooper/Eromanga basin in January 2020, when a well encountered a gas pay in Nappamerri, Toolachee and Patchawarra formations. ....
Otway to Test South Australian Well This Month Mar 4, 2021 2:54:am Summary by: Shardul Sharma Posted in: Otway to Test South Australian Well This Month Otway Energy will start testing Nangwarry-1 well in PEL 155 onshore Otway basin in South Australia around mid-March, its partner in the project Vintage Energy said on March 4. The Superior Energy rig will arrive on location at Nangwarry-1 on March 10, after which the well and equipment will be set up for the test. “It is anticipated that testing of the well will take approximately three to four weeks and, should the test be successful, be a material value-adding asset to Vintage over what could potentially be a 50-year period,” Vintage managing director Neil Gibbins said. ....