Vintage Energy has announced a $8 million capital raising to fund near term growth in its gas production from the Odin gas fields.
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Record production levels for Vintage
Sales revenue of $1.80 million was recorded for the quarter, 96 per cent higher than the revenue of $0.92 million in the prior quarter.
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Odin production levels off to a great start
Vintage Energy has announced that Odin gas field production had commenced and that an additional gas contract is set to be finalised after this quarter.
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Vintage extends Odin 1 gas agreement
Vintage Energy has announced an additional two-year gas sale under the master gas supply agreement for the Odin gas field.
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Odin’s overwhelming production rate
Vintage Energy has reported that Odin-1, in South Australia’s Cooper Basin, is producing consistently and strongly since coming online.
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Vali-1 gas production resumes while Odin remains on track
Vintage Energy has announced that production from the Vali-1 gas field has resumed while Odin is about to be put into production in the Cooper Basin.
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ACCC grants Odin JV to market gas
The Australian Competition and Consumer Commission (ACCC) has granted authorisation for the Odin joint venture to enter into joint gas marketing agreements.
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Odin gas sales agreement and first gas supply contract signed
On behalf of its joint venture (JV) partners, Vintage Energy has announced the securing of the first gas supply contract for the Odin gas field, located in the Cooper Basin.
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Vintage completes share purchase plan
Revenue raised by the share purchase plan (SPP) will be used to fund Vintage’s exploration and appraisal activities.
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Odin flow testing complete
Vintage Energy and Metgasco have completed flow tests on the Odin-1 well in the Cooper Basin with promising results.
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