VEN
Director Trades
| Date | Director | Value |
|---|---|---|
| N. Gibbins | $30,000 | |
| I. Howarth | $33,905 | |
| R. Nelson | $40,599 |
Company News
Vintage Energy Maintains Strong Reserves Position as Production Uplift Program Continues
Vintage Energy (ASX: VEN) has reported continued progress across its Cooper Basin gas operations, with the September quarter marked by field optimisation works under the company’s Production Uplift Program and stable 2P reserves of 12.5 million barrels of oil equivalent. Revenue for the quarter came to $0.9 million from production of 0.08 petajoule equivalent, while the […]
Vintage Energy Reports Encouraging Progress in Odin-Vali Gas Production Uplift Program
Vintage Energy (ASX: VEN) has reported positive initial outcomes during the second phase of a production uplift program at its Southern Flank gas fields in central Australia. Following a successful Phase 1 program in early September that mainly focused on removing scale impacting flows levels at the Odin and Vali fields, Phase 2 has sought to initiate production […]
Vintage Energy and Metgasco Report Early Gains From Cooper Basin Production Uplift Program
Vintage Energy (ASX: VEN) and joint venture partner Metgasco (ASX: MEL) have delivered encouraging early results from the first phase of a production uplift program at the Odin and Vali gas fields in the Cooper Basin. The program, launched in July after flood disruptions, is addressing scale build-up and restoring well performance across the joint […]
Vintage Energy boosts Odin and Vali gas output ahead of July production uplift program
Vintage Energy (ASX: VEN) has made a strong start in its plans to ramp up production at the company’s Odin and Vali fields, reporting their best performance in six months. On the eve of commencing its key production uplift program at the Southern Flank gas fields in the Cooper Basin, Vintage has reported that total […]
Vintage Energy sells Victorian PEP 171 gas permit interest for $1.25m to focus on Vali and Odin upgrades
Vintage Energy (ASX: VEN) has further solidified its cash position with the sale of its 25% interest in non-core onshore Victorian permit PEP 171 in the Otway Basin for $1.25 million. Proceeds from the sale add to the $2.1m Vintage recently received in a capital raising, as the company focuses on upgrading its Vali and […]
Vintage Energy finalises $2.1m capital raising to boost Cooper Basin gas production
Gas producer Vintage Energy (ASX: VEN) has successfully completed its shortfall offer, bringing total proceeds raised – including from the preceding entitlement offer – to the targeted $2.1 million. The company has allocated a total of 328 million shares to new and existing shareholders under the shortfall offer, with each new share allotted a non-tradeable […]
Vintage Energy targets food-grade CO₂ market with Nangwarry gas development
Vintage Energy (ASX: VEN) is confident it can add to its successes at the Vali and Odin fields with the development of the Nangwarry project in South Australia. While the company’s major focus remains on the growth of Vali and Odin and its gas sales to the energy-hungry east coast market, Vintage has also identified […]
Vintage Energy attracts further subscriptions to support Odin and Vali uplift program
Gas explorer and developer Vintage Energy (ASX: VEN) has announced further subscriptions to its Shortfall Offer, which have taken the Offer, and its preceding Entitlement Offer to 73% subscribed. Vintage reported issuing of 74.0 million shares on 12 May, bringing the allocations under the two Offers to 303.7 million shares, and gross proceeds of $1.52 million. Under […]
Vintage Energy secures PURE Resources Fund backing to fast-track Odin and Vali gas output
Gas producer Vintage Energy (ASX: VEN) has received support from PURE Resources Fund for its plans to increase production at the Odin and Vali fields. The hybrid credit fund managed by PURE Asset Management has confirmed it will take up a $551,500 equity subscription in Vintage through participation in the company’s current shortfall offer. The […]
Vintage Energy-led JV granted renewal to expand oil and gas prospects at ATP 2021 permit
Vintage Energy (ASX: VEN) and its joint venture (JV) partners have the opportunity to fully evaluate numerous oil and gas prospects in central Australia after receiving a six-year renewal for permit ATP 2021 in Queensland. With Metgasco (ASX: MEL) and Bridgeport, each of which owns a 25% stake, Vintage is now able to move ahead […]
Company Videos
Vintage Energy accelerates Cooper Basin gas projects after successful capital raise
Vintage Energy begins supplying gas to eastern Australia
The coming energy crisis in Australia: what it means for oil and gas stocks
