VEN 0.00% 0.9¢ vintage energy ltd

Yes, indeed a sad state. Mostly a sad lack of investor...

  1. 199 Posts.
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    Yes, indeed a sad state. Mostly a sad lack of investor confidence now.

    Perhaps it's time to re-visit the options VEN has to produce from its current wells. The Vali wells are touted as also having gas reserves in the Epsilon and Toolachee formations, currently isolated behind a sliding sleeve. To boost revenue and confidence, might it be time to switch out from the under-performing Patchawarra and open up the Epsilon/Toolachee.

    Something needs to change and this option is likely the most cost-effective, near-term and least risky option available - with a significant confidence-boosting upside.

    mutineer
 
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