OPERATIONS

Vali project books first resource

THE Vali joint partners Vintage Energy, Metgasco and Bridgeport Energy have booked their first resources for the Queensland Cooper Basin project after only joining forces nine months ago and spudding well Vali-1 late last year.

Helen Clark

ERCE estimate higher than JV’s at 37.7Bcf

Vintage and Metgasco said today the 2C best estimate resource offered by independent certifiers ERC Equipoise is 7% higher than their in-house calculations and sits at a total of 37.7 billion cubic feet...

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