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Vali JV gets nod to market gas


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.  ....

Cooper Eromanga , Rod Sims , Consumer Commission , Australian Competition , Vintage Energy , Conditional Gas Supply Agreements , Gas Supply , Natural Gas , Annual Domestic Gas Demand , Joint Gas Marketing Arrangements , Gas Supply Agreements , Gas Pay , Australian Competition And Consumer Commission , East Coast , கூப்பர் எரோமங்க , தடி சிம்ஸ் , நுகர்வோர் தரகு , ஆஸ்திரேலிய போட்டி , விண்டேஜ் ஆற்றல் , வாயு விநியோகி , இயற்கை வாயு , வாயு செலுத்த , ஆஸ்திரேலிய போட்டி மற்றும் நுகர்வோர் தரகு , கிழக்கு கடற்கரை ,

Australia: Vali gas joint venture participants granted authorisation for joint marketing


Australia: Vali gas joint venture participants granted authorisation for joint marketing
13 May 2021
Vintage Energy,
Br
Vintage, Metgasco and Bridgeport are joint venture partners at the
Vali field, a new gas field in the early stages of development, located in the Queensland Cooper/Eromanga Basin. None of the parties currently produce or sell natural gas.
The ACCC’s authorisation enables the parties to jointly market gas produced from the Vali field for five years and, within this period, to enter into gas supply agreements with customers on common terms and conditions (including price) for terms of up to 15 years. Without authorisation, these joint marketing arrangements would risk breaching competition laws. ....

Hope Corp , Authority To Prospect , Consumer Commission , Australian Competition , Vintage Energy , Metgascoand Bridgeport , New Hope Corp , Vali Gas Joint , Cooper Basin , நம்பிக்கை கார்ப் , அதிகாரம் க்கு ப்ராஸ்பெக்ட் , நுகர்வோர் தரகு , ஆஸ்திரேலிய போட்டி , விண்டேஜ் ஆற்றல் , புதியது நம்பிக்கை கார்ப் , வாலி வாயு கூட்டு , கூப்பர் பேசின் ,

Vintage Energy confirms gas at Vali-2 in Queensland


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.  ....

Cooper Eromanga , Neil Gibbins , Energy On , Vintage Energy , Metgascoand Bridgeport , Gas Pay , Gas Sample , Managing Director , கூப்பர் எரோமங்க , நீல் கிப்பின்ஸ் , ஆற்றல் ஆன் , விண்டேஜ் ஆற்றல் , வாயு செலுத்த , நிர்வகித்தல் இயக்குனர் ,