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 Vintage heads out west for first oil acreage Vintage heads out west for first oil acreage Vintage heads out west for first oil acreage 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).