Vintage Energy (ASX:VEN) is celebrating a good debut on the ASX....

Vintage Energy (ASX:VEN) is celebrating a good debut on the ASX. The newly-listed company listed at a 15 per cent premium to its 20c issue price.
The gas explorer raised $30 million by issuing 150 million shares at 20c per share to capitalise on a potential east coast gas shortage.
It’s buying a large landholding in the Galilee Basin in Queensland through a farm-in with Comet Ridge (ASX:COI).
The company is also in a joint venture with Rawson Oil and Gas (ASX:RAW) to drill the Nangwarry gas prospect in South Australia, and has a gas permit in the onshore Bonaparte Basin in the Northern Territory.