VEN 0.00% 1.1¢ vintage energy ltd

Ann: Nangwarry-1 update, page-2

  1. 120 Posts.
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    Interesting how silent this VEN thread is... crickets!

    My take on this announcement;

    - good shows that need to be confirmed with flow test
    - my initial calcs put this well worth in excess of 100mil if the 28.5 BCF to VEN was attained. This is halved now by the CO2 content. Noting CO2 content required lab confirmation after field tests.
    - makes me much less bullish in VEN

    I noted two big trades though. One for 300k and one in excess of 500k.
 
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