MEL 16.7% 0.5¢ metgasco ltd

Ann: Vali and Odin Update, page-29

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    This is for VEN mut it mentions the impending gas production at Vali.

    Maybe potential investors will become aware of MEL if the word gets around.

    First gas from Vintage Energy’s Vali field imminent (*********.com.au)

    First gas from Vintage Energy’s Vali field imminent

    Gas explorer and developer VintageEnergy (ASX: VEN) has reaffirmed its plan to bring the Vali gas field online in February with work also progressing to connect a second Cooper Basin field.

    In the December quarterly reportreleased today, Vintage managing director Neil Gibbins said the company isfocused on completing the final steps of Vali’s construction for commissioningearly next month while work progresses to link gas from the Odin field later inthe year.

    “Installation of Vali productionfacilities is progressing, and we look forward to handover of the completedinfrastructure for commissioning in early February.”

    “We actioned our decision toaccelerate supply from Odin with immediate commencement of procurement and siteworks. This work will continue as we pursue connection of the field with theaim of enabling gas to flow from Odin to eastern Australian gas users in thethird quarter of 2023,” Mr Gibbins added.

    Highlights over the quarter includedthe installation and pressure testing of the Vali-Beckler twin pipelines andthe advancement of site works.

    Last week the company confirmed themechanical handover is expected in early February, at which point commissioningcan begin. The project had been delayed by extreme weather conditions in January.



 
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