EXPLORATION

Vintage heads out west for first oil acreage

VINTAGE Energy has farmed into Metgasco’s Perth Basin oil acreage in permit L14 and will fund 50% of the upcoming Cervantes exploration well for a 30% participating interest in the Permian sands. 

Vintage heads out west for first oil acreage

  It will also pay $200,000 of future exploration costs split equally between Metgasco and RCMA Australia (Jade).    In September Metgasco first farmed in for a 60% interest in the permit with Perth...

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