Vintage Energy Ltd (ASX: VEN) announced that it had completed the acquisition of Beach Energy Ltd.'s (ASX: BPT) 15% stake in the Cooper Basin license PRL 211 by Vintage. The other interest holders in the licence include Metgasco Ltd & Bridgeport (Cooper Basin) Pty Ltd.
Now, PRL 211 Joint Venture includes the below interest:
PRL 211 is situated near the current Cooper Basin, producing gas fields and infrastructure, and comprises the Odin gas field, revealed in May 2021. It was flow tested in during September and October 2021.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
