MEL
Metgasco Ltd
Director Trades
| Date | Director | Value |
|---|---|---|
| M. Glennon | $111,300 | |
| K. Aitken | $6,800 | |
| R. Willink | $9,301 |
Company News
Vintage Energy to Buy Out Partners Metgasco and Bridgeport in Odin-Vali Gas Joint Venture
Vintage Energy (ASX: VEN) has moved to expand its central Australian gas production interests with the proposed acquisition of Metgasco’s (ASX: MEL) and Bridgeport Energy’s interest in the Odin and Vali fields.
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 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-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 […]
Vintage Energy advances gas growth plans as partners back new Cooper Basin program
Gas developer Vintage Energy (ASX: VEN) has received key approvals for the next stage of a program aimed at increasing production from its Odin and Vali fields in the Cooper Basin. Vintage reported positive outcomes in mid-March with removing scale impediments at its projects and has now received approval for a proposed production uplift program […]
Vintage Energy boosts Odin-1 production after successful optimisation operations
Vintage Energy (ASX: VEN) has achieved better-than-expected results from critical optimisation operations at its Odin-1 gas well in central Australia. After being impacted by ongoing technical issues, the discovery well’s production rate has more than doubled following optimisation operations and the addition of Patchawarra perforations. Raw gas production has averaged 3.3 million standard cubic feet […]
Vintage Energy prepares for Odin and Vali workovers as Cooper Basin weather conditions improve
Vintage Energy (ASX: VEN) has confirmed it is set to commence workover activities at its two producing gas fields, with road conditions in the Cooper Basin improving after recent heavy rains in central Australia. The operator and 50%-interest holder in the PRL 211 and ATP 2021 joint ventures that cover the Odin and Vali gas […]
Vintage Energy’s Odin-1 well flows steady gas after weather delay
Vintage Energy (ASX: VEN) is celebrating the return of production at the Odin field in central Australia following a recent rain delay. Over a 44-hour period, the Odin-1 well flowed gas at a stable raw gas flow rate averaging 1.4 million standard cubic feet per day. The well had been shut in since 2 July […]
Vintage Energy’s fast-track hopes for Odin-2 gas project hit by weather setbacks
Vintage Energy’s (ASX: VEN) fast-track development of the Odin-2 gas well has been impacted by a recent massive rain deluge in inland Australia. Significant rainfall in the area has affected the ground surface in the Queensland section of the Cooper Basin, where Vintage and joint venture (JV) partners Metgasco (ASX: MEL) and Bridgeport recently confirmed […]
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