Articles On Vintage Energy (ASX:VEN)

Natural gas prices are soaring as the northern hemisphere begins to prepare for a very cold winter, all the while focused on a post-COVID-19 recovery, and as economies steer away from coal and aim to use cleaner energy sources. Prices have...

Joint venture partners Metgasco (ASX: MEL), Vintage Energy (ASX: VEN) and private company RCMA Australia have entered a rig sharing contract with fellow oil and gas explorer Strike Energy (ASX: STX) with a view to drill the Cervantes-1 well...

Vintage Energy (ASX: VEN) has booked what it describes as an “outstanding” 190% increase to the material gas resource at its majority-owned Odin field in Queensland’s Cooper Basin. The Odin field now has independently certified gross 2C con...

The northern Perth Basin is back in the limelight as the next great source of gas for Western Australia after Mineral Resources (ASX:MIN) and Norwest Energy (ASX:NWE) declared their Lockyer Deep 1 exploration well to be a significant gas di...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Metgasco’s belief that there is more gas than previously estimated at the Odin/Vali fields has been validated after wireline logging of Vali-3 returned 178m of net pay. Analysis of the wireline logs by the operator indicated that the well h...

Net gas pay results from the Vali-3 well in the Cooper Basin ATP 2021 project have “exceeded the expectations” of joint venture partners Vintage Energy (ASX: VEN, 50% and operator) and Metgasco (ASX: MEL, 25%). The well has delivered the la...

Junior explorer Vintage Energy (ASX: VEN) has posted a strong quarter to 30 June with a 100% success rate in drilling at four wells within the onshore Cooper-Eromanga Basin between Queensland and South Australia. Work at the Vali-2 well app...

The Henry Hub natural gas spot price is holding steady, trading today at $3.63/MMbtu – and the outlook for the rest of the year looks good. The US Energy Information Administration (EIA) predicts that prices will stay higher than $3.00/MMBt...

Oil and gas explorer Vintage Energy (ASX: VEN) has announced an upgrade to the carbon dioxide resource estimate of its Nangwarry field in South Australia’s onshore Otway Basin. Following the independent review of data from extended flow tes...

A cold winter, an outage at the Langford gas plant and high international gas prices have conspired to send Victorian spot gas prices up to $20 per gigajoule, the highest price since 27 June 2016. It’s not any easier for the rest of Austral...

Vintage Energy (ASX: VEN) is celebrating its 100% success rate from a three-well drilling campaign in the Cooper Basin with the announcement that its Vali-3 well has now been cased as a future gas producer. Vali-3 reached a total depth of 3...

Drilling has wrapped up at Metgasco’s Vali-3 well in the Cooper Basin, Queensland with gas shows observed in the primary target Patchawarra Formation. In addition to the previously reported gas shows in the shallower Nappamerri and Toolache...

Exploration junior Vintage Energy (ASX: VEN) has encountered more oil and gas shows as it continues to drill its Vali-3 appraisal well in the Cooper Basin. Vali-3 spudded on 9 June and is currently drilling at a depth of 2,774m in the Epsil...

Metgasco is looking to go three for three with gas shows observed in the secondary objective mid-Nappamerri Formation within its Vali-3 appraisal well. While the gas shows would be encouraging on its own, the well also observed oil shows in...

Metgasco has announced that Vali-3 appraisal well at its Vali joint venture in the Cooper Basin has been spudded.   Metgasco (ASX:MEL) owns a 25% share in the Vali field alongside Vintage Energy (ASX:VEN, 50%) and privately owned Bridgeport...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Vintage Energy (ASX: VEN) is rejoicing in news that the interpreted net pay of the second well of its Vali gas field in Queensland has exceeded pre-drill expectations while a third well is lined up to spud in the coming days. The Vali-2 wel...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

Production testing at Vintage Energy’s (ASX: VEN) Nangwarry-1 carbon dioxide well in South Australia’s onshore Otway Basin has confirmed gas flowing at a higher rate than previous commercial rates in the region. The well was perforated acro...

Metgasco (ASX:MEL) is now two for two in the Cooper-Eromanga Basin with the Odin-1 exploration well in South Australia to be cased for future gas production. Odin-1 was drilled to a total depth of 3,140m and encountered extensive gas shows...

Wireline logging by Vintage Energy (ASX: VEN) of the Odin-1 joint venture exploration well in Queensland’s Cooper Basin has confirmed extensive gas pay in the primary Toolachee and Patchawarra, as well as the secondary Epsilon, formations....

Vintage Energy (ASX: VEN) and its joint venture partners have reached the total depth of the Odin-1 well in Queensland’s Cooper Basin, revealing “extensive gas shows” during drilling. The well is part of permit PRL 211 with Vintage owning 4...

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

Following the confirmation of gas in the second well of Vintage Energy’s (ASX: VEN) 50%-owned Vali field in Queensland’s Cooper Basin, a third well has been given the go ahead after the nearby Odin-1 well has been completed. Vintage and its...

Mindax gets its act together, rejoins the ASX, climbs by ~6,000% Pursuit finds some additional EM conductors near Chalice Mining’s Julimar Project ACCC gives green light to Vintage, Metgasco and Bridgeport to jointly market Vali gas Her...

Vintage Energy (ASX: VEN) and its partners Megasco (ASX: MEL) and New Hope (ASX: NHC) subsidiary Bridgeport have secured authorisation from the Australian Competition and Consumer Commission to jointly market gas from the Vali field. Vintag...

Metgasco can chalk the Vali-2 appraisal well in as a success after wireline logging confirmed that gas is present in the target Patchawarra and Toolachee formations. Notably, the presence of gas in the Toolachee Formation four-way dip closu...

Vintage Energy (ASX: VEN) has confirmed the presence of gas at its Vali-2 well in the Cooper Basin and has subsequently cased and suspended it for future production. Vali-2 is located within permit ATP 2021 in Queensland, which is 50% owned...

Vintage Energy’s (ASX: VEN) 50%-owned Vali-2 well in the Cooper Basin in Queensland has reached its planned total depth of 3,240m, and encountered a number of gas shows in the Toolachee and Patchawarra formations as well as the Tirrawarra s...

Calima Energy (ASX:CE1) has ramped up daily oil and gas production at its Brooks project in Alberta, Canada, by 14 per cent over its first quarter output. The company noted that three horizontal wells are now producing about 505 barrels of...

Metgasco (ASX:MEL) has received some early signs of success at the Vali-2 appraisal well in the Cooper-Eromanga Basin with gas shows observed in two formations. Vali-2, which was drilled to appraise the extent of the Patchawarra Formation g...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Metgasco (ASX:MEL) will soon have a better understanding of its Cooper Eromanga Basin gas acreage with a rig mobilising to drill the first of two wells. The rig is expected to spud the Vali-2 appraisal well within the next couple of days to...

Vintage Energy (ASX: VEN) is evaluating its options for its 50%-owned Nangwarry-1 carbon dioxide well within the Otway Basin once it has been proven commercial, while it gears up to drill in the Cooper Basin. The company has set down hole g...

Source:fizkes, Shutterstock Summary The ASX 200 is all set to continue its momentum and with a positive opening of 0.5% or around 35 points. On Wall Street, the Dow Jones Industrial Average notched up higher by 0.48% while the S&P...

Source:oekka.k, Shutterstock Summary ASX 200 is heading for a weaker opening by 40 points of 0.6%, giving back almost all of yesterday’s gain. S. import prices saw a higher than expected uptick in March, fueled by higher costs for pet...

Source:Things, Shutterstock Summary ASX 200 is expected to open around 0.25% or 18 points higher today. The S&P 500 rose to record highs on Tuesday, led by surging technology-related stocks. The dollar index fell 0.29% and the Au...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

Source: Christian Lagerek, Shutterstock Summary JV partners of the Vali gas field are advancing well to get authorisation to market gas to the east coast of Australia. The authorisation will act as a safeguard from future court action...

Production test activities at Vintage Energy’s (ASX: VEN) 50%-owned Nangwarry-1 well in the onshore Otway Basin has generated strong carbon dioxide gas flows from the lower section of the Top Pretty Hill Formation. Log data had previously i...

Vintage Energy (ASX: VEN), a company listed in 2018 to take advantage of the eastern Australia gas crisis, will begin testing its ground in the onshore Otway Basin and the Cooper Basin in the coming weeks following COVID-19 delays being res...

Summary Shares of News Corporation (ASX:NWS) soared nearly 12 per cent in early trade on strong second quarter numbers. The stock is trading higher despite the media company reporting a 3 per cent decline in the total revenue to A$2.41...

Summary Vintage Energy completed the procurement of a long list of items for the testing on Nangwarry – 1. A joint venture has been elected to priorities the work to access the upside of resources at the Vali gas field. Vintage Energy...

Vintage Energy (ASX: VEN) has a busy 1H of 2021 planned, with drilling to be completed at Vali-2, Odin-1, and Cervantes-1 wells, while testing Nangwarry-1 is scheduled for later this month. In the Cooper Basin, Vintage owns 50% of ATP 2021...

Vintage Energy (ASX: VEN) has collared interim Australian Competition and Consumer Commission authorisation to make gas marketing arrangements along with joint venture partners Metgasco (ASX: MEL) and New Hope Corporation’s (ASX: NHC) subsi...

Vintage Energy (ASX: VEN) has completed front end engineering and design for its Vali-1 ST1 flowline connection in Queensland’s Cooper Basin, while scheduling testing for Nangwarry-1 early next year and securing a rig for its planned Cervan...

Vintage Energy (ASX: VEN) is another step closer to supplying gas for Australia’s east coast market after announcing independently certified 2P gas reserves for its Vali field in Queensland’s Cooper-Eromanga Basin. The explorer has revealed...

Oil and gas explorer Vintage Energy (ASX: VEN) is on track to deliver its first cash flow in 2021 as offtake talks continue for its Vali Field gas. In the short space of two years since listing on the ASX, the exploration junior has acquire...