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Vintage, Lakes Oil lock in Nangwarry resource

Vintage Energy, with joint venture partner Lakes Oil, has made its first Otway Basin recoverable carbon dioxide (CO2) booking for the Nangwarry-1 discovery onshore South Australia. Employing a method consistent with the June 2018 Society of Engineers Petroleum Resources Management System methodology, the PEL 155 Otway Basin JV has booked a gross best case of …

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