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Vintage Energy Secures $5 Million Government Grants for Southern Flank Gas Drilling

10:05am on Monday 15th of June, 2026 AEST Energy
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Vintage Energy Secures $5 Million Government Grants for Southern Flank Gas Drilling

10:05am on Monday 15th of June, 2026 AEST
Key Points
  • Two $2.5 million grants signed for drilling Odin-3 and Vali-4 wells
  • Grants cover 50% of drilling costs for Southern Flank gas projects
  • Fields hold over 130 PJ of gross 2P gas reserves, mostly uncontracted
  • Wells designed to increase gas supply for South Australian electricity
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