Metgasco Extends Target Date for Vintage Asset Sale to 31 March 2026
Metgasco Ltd (ASX: MEL) has provided an updated timetable regarding the proposed divestment of its 25% non-operated interests in the Odin and Vali gas field licences to Vintage Energy Ltd under a Petroleum Title Sale Agreement.
The revised schedule extends the target date for Vintage to finalise its acquisition commitment, including any required shareholder approval, by an additional 31 days to 31 March 2026. This variation has been accepted by all parties. Importantly, the ultimate deadline for completion of the transaction remains unchanged, with the sale required to be finalised no later than 31 March 2026. The extension provides additional time for Vintage to complete internal processes while maintaining the original outer completion timeframe.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
Metgasco Extends Target Date for Vintage Asset Sale to 31 March 2026
Metgasco Ltd (ASX: MEL) has provided an updated timetable regarding the proposed divestment of its 25% non-operated interests in the Odin and Vali gas field licences to Vintage Energy Ltd under a Petroleum Title Sale Agreement.
The revised schedule extends the target date for Vintage to finalise its acquisition commitment, including any required shareholder approval, by an additional 31 days to 31 March 2026. This variation has been accepted by all parties. Importantly, the ultimate deadline for completion of the transaction remains unchanged, with the sale required to be finalised no later than 31 March 2026. The extension provides additional time for Vintage to complete internal processes while maintaining the original outer completion timeframe.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au