Vintage NT drilling delayed by govt

VINTAGE Energy said late yesterday the well test in its EP 126 has been delayed by the Northern Territory government’s processes around Sites of Conservation Significance with the junior suggesting the government may reserve over 50% of land, including some with existing petroleum acreage on it. 

Vintage NT drilling delayed by govt Vintage NT drilling delayed by govt Vintage NT drilling delayed by govt Vintage NT drilling delayed by govt Vintage NT drilling delayed by govt
This could include much of Vintage's onshore NT Bonaparte Basin acreage. 
It said yesterday it is in consultation with other affected oilers.
  • FREE coverage of the coronavirus pandemic. Visit our COVID-19 hub
  • NEW: 2020 Social Licence Report - where is the industry heading? Read more
  • EMAGAZINE: ENB's latest special print edition is now online. Read here

Most read MARKETS