Articles On Vintage Energy (ASX:VEN)

Vintage Energy (ASX: VEN) and its Vali field joint venture partners have fulfilled all the conditions under a gas sales agreement with AGL – enabling the joint venture to call on the first two of three $5 million pre-payments from AGL under...

Metgasco (MEL) and its joint venture (JV) partners announce the gas sales agreement with AGL Wholesale Gas (AGL) is now unconditional It comes after the JV secured a Vali Field Gas processing agreement with the South Australian Cooper Basi...

It was hard to miss  Monday’s stunner of an IPO by Top End Energy (ASX:TEE), after the Northern-focussed gassy’s landed on the ASX at 40 cents, double its initial public offering of 20 cents. A 100% premium to the issue price. And with a ne...

Shares in Metgasco (MEL) have plunged this morning after the company said it would plug and abandon its Cervantes-1 oil exploration well in the Perth Basin While drilling confirmed the presence of a robust structure, results found that thr...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Oil and gas explorer Vintage Energy (ASX: VEN) has announced the start of a fracture stimulation campaign at the Vali gas field within the onshore Cooper/Eromanga Basin. Conducted by Schlumberger and supervised by Griffin Energy Solutions,...

Operations are underway to deliver production from the Vali gas field wells held by the joint venture of Metgasco (MEL), Vintage Energy (VEN), and Bridgeport The fracture stimulation campaign has begun, which will target the Patchawarra fo...

Metgasco’s operating partner Vintage Energy has started work to bring the Vali gas field in Queensland into production under a sales agreement with AGL Wholesale Gas. This work involves fracture stimulation of the gas-bearing Patchawarra Fo...

Metgasco has increased its interest in the Odin gas field in the Cooper Basin, South Australia after the joint venture acquired Beach Energy’s 15% stake in PRL211. The acquisition, on receiving ministerial approval, takes the company’s stak...

Metgasco (MEL) and joint venture (JV) partners Vintage Energy (VEN) and Bridgeport to acquire Beach Energy’s 15 per cent interest in the Cooper Basin licence PRL211 containing the Odin gas field PRL 211 is located immediately west of the J...

The Beach Energy Ltd (ASX: BPT) share price is descending today amid a tough day for ASX energy shares. The company’s shares are currently swapping hands at $1.61, a 1.83% fall. In comparison, the S&P/ASX 200 Index (ASX: XJO) is up 0...

Vintage Energy (ASX: VEN) and its joint venture partners in PRL (petroleum retention licence) 211 in the Cooper Basin have finalised the acquisition of Beach Energy’s (ASX: BPT) 15% equity in the licence. The company, together with Metgasco...

Petroleum company Vintage Energy (ASX: VEN) has reported a weekend spudding of the Cervantes-1 oil exploration well in the onshore Perth Basin. The company confirmed a 13-3/8 inch conductor had been set and cemented to 68 metres and said pr...

Oil and gas explorer Metgasco (MEL) mobilises and assembles a drilling rig at its Cervantes-1 oil well in WA’s Perth Basin The company says the Ensign 970 well is undergoing final pre-spud checks, and it expects drilling to begin within 24...

Metgasco has reached a major milestone with the ATP 2021 joint venture executing a definitive gas sales agreement with AGL Wholesale Gas. Cash flow from the sale of gas could begin by the middle of this year under the agreement, which sees...

Oil and gas explorer Vintage Energy (ASX: VEN) has announced it has signed a maiden gas sales agreement with the wholesale gas subsidiary of energy retailer AGL Energy (ASX: AGL) for the supply of gas produced from its Vali field in Queensl...

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

A rig is on its way to drill Vintage Energy’s (ASX: VEN) 30%-owned Cervantes-1 oil well in Western Australia’s onshore Perth Basin. The Ensign 970 drill rig has been mobilised to the permit L14, where the well will be drilled under a joint...

Metgasco (MEL) announces the Ensign 970 drilling rig is on its way to the Cervantes-1 well, located at the Perth Basin in Western Australia The rig has previously drilled “safely and successfully” at the Perth Basin for other operations, a...

Petroleum explorer Vintage Energy (ASX: VEN) has confirmed it has received regulatory approvals and secured a drilling rig for exploration of the Cervantes-1 oil well in the onshore Perth Basin. The well is to be drilled by the L14 Cervante...

Vintage Energy (ASX: VEN) has announced it is well positioned to transition from an explorer to gas producer following various capital initiatives including a recent placement and share purchase plan that raised $12 million. In the company’...

Vintage Energy (VEN) raises $3.44 million through an oversubscribed share purchase plan (SPP) The funds raised will mostly be used to fund exploration and appraisal activities The company was originally aiming to raise $2 million but has e...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

Vintage Energy (VEN) has received firm commitments for $8.5 million via a share placement to fund its exploration and appraisal activities The company is seeking to raise up to $10.5 million through a placement and share purchase plan thro...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

For the first time in over a month, the ASX finished a week higher than where it began — even with the bourse declining on an intraday basis. The ASX 200 closed at 7,353 points which was 0.42% lower than yesterday, but up 1.6% from last Fri...

Vintage Energy (VEN) has requested a trading halt to finalise a potential capital raise Vintage has requested that trading remain halted till Monday, December 13 or until it decides otherwise The company recently announced a $10 million de...

There were few major catalysts on Thursday, as the ASX traded flat in a relatively cruisy session following some solid gains this week. Broadly speaking, the ASX has tracked global stock markets higher after a rocky selloff last week that f...

Energy asset explorer Vintage Energy is raising $10 million to fund its activities around the Kinta prospect and Odin gas field.

Oil and gas explorer Vintage Energy (ASX: VEN) has signed a heads of agreement to sell the gas produced from its Vali field in the Cooper Basin to the wholesale gas subsidiary of energy retailer AGL Energy (ASX: AGL). Vintage, together with...

A flow test program for the Odin-1 exploration gas well in Queensland’s Cooper Basin is nearly complete, with field operator Vintage Energy (ASX: VEN) confirming positive results to date. Flow testing commenced in October with the well bein...

Metgasco (MEL) announces the completion of initial Odin-1 well tests and says the gas flow rate continued to perform strongly Over the course of five intervals, a total of 26.6 metres within the Toolachee Formation were perforated and 7.5...

Vintage Energy (ASX: VEN) has finished flow testing its Odin-1 exploration gas well in Queensland’s Cooper Basin, with flow rates described as “performing strongly”. Flow testing of Odin-1 started late last month and the well has now been s...

The ASX 200 rose 0.64% on the first trading day of the month. All sectors were in the green except financials – a sector dragged down by Westpac (ASX:WBC) following its results. The best sectors were consumer discretionaries, telcos and uti...

In what has been described as possibly the most significant news since Vintage Energy (ASX: VEN) listed, the oil and gas explorer has announced a significant upgrade to the gas reserves for its Vali field in the Cooper Basin. The company to...

Metgasco has reason to be positive after the Odin-1 exploration well clocked in at a current rate of 7.58 million standard cubic feet of gas per day at a flowing wellhead pressure of 2018 psi during the early phase of testing. The gas flow...

Metgasco (ASX:MEL) will soon have a clear idea of how well the Odin field will perform with the start of testing at the Odin-1 well in the Cooper Basin. The testing by operator Vintage Energy (ASX:VEN) will assess gas flow rates from the co...

Oil and gas explorer Vintage Energy (ASX: VEN) has begun flow testing its Odin-1 exploration well in the Cooper Basin to assess its potential to deliver conventional gas from the Toolachee and Epsilon formations. The Odin-1 well was drilled...

Oil and gas prices are rising, a fact that anyone who has been to the pumps in recent weeks will know from their empty wallets. And it is only going to get worse given that changes in international crude prices can take about two weeks to w...

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...