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VEN - Vintage Energy

Discussion in 'Stocks Q-Z' started by System, Aug 13, 2018 at 8:55 AM.

  1. System

    System Administrator

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    Vintage Energy has been established to acquire, explore and develop energy assets principally within, but not limited to, Australia, to take advantage of a generally favourable energy pricing outlook.

    The company has earned its 50% interest in PEL 155, Otway Basin, from Rawson Oil and Gas Ltd and has commenced earning its targeted 30% interest in ATPs 743, 744 and 1015, Galilee Basin, from Comet Ridge Ltd.

    The company has also signed a binding Heads of Agreement with Somerton Energy Pty Ltd (wholly owned by Cooper Energy Ltd) whereby it can earn up to a 50% interest in PEP 171, Otway Basin, and has signed a Heads of Agreement with subsidiaries of Beach Energy Ltd to acquire a 100% interest in EP 126, Bonaparte Basin.

    It is anticipated that VEN will list on the ASX during September 2018.

    https://www.vintageenergy.com.au
     
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