Brief: Vintage Energy Says Production From Vali Gas Field Resumed On 8 June

Vintage Energy

22/06/2023 02:27

June 22 (Reuters) - Metgasco Ltd  MEL.AX :
    * PRODUCTION FROM VALI GAS FIELD RESUMED ON 8 JUNE AFTER
HAVING
BEEN SHUT-IN SINCE 22 MAY
    * VALI-1 PRODUCTION HAS BEEN CONSISTENT WITH PERFORMANCE
PRIOR TO
SHUT-IN, AVERAGING PRODUCTION OF 3.6 MMSCFD SINCE RESUMPTION
    * WORK PROGRAMS TO ESTABLISH STABLE GAS PRODUCTION FROM
VALI-2 AND
VALI-3 AFFECTED BY ROLLING ROAD CLOSURES BROUGHT BY RECENT
RAINFALL
    * ROAD CLOSURES HAVE IMPACTED OPERATIONS ACROSS COOPER BASIN
AND
PREVENTED ACCESS TO SITE
    * AT VALI-2, FLUID REMOVAL IS ONGOING AND AWAITING DELIVERY
OF
EQUIPMENT TO ACCELERATE PROCESS
    * OPERATIONS AT VALI-3 ARE SCHEDULED TO OCCUR FOLLOWING WORK
AT
VALI-2
    * ESTABLISHMENT OF STABLE GAS PRODUCTION FROM VALI-2 AND
VALI-3
NOW MOST LIKELY TO OCCUR SUBSEQUENT TO 30 JUNE

Source text for Eikon:  ID:nASXc1Xbvv 
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