VEN 0.00% 0.8¢ vintage energy ltd

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  1. 9,320 Posts.
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    That's not the case.

    The problem with Vali-1 is excess fluid production - not low gas flow.
    i.e. the well produces water faster than it can be evaporated - using the existing infrastructure.

    Happy to be corrected.

    Are you talking about Vali-1 or the field in general (vali 1-2-3) ?

    I think its clear Vali 2 and 3 are not behaving as expected with limited cashflow the company really should focus on development of resources in further Odin drilling where the company not only gets all of its receipts but also higher production and higher price for its hydrocarbons

 
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