Vintage Energy Extends Acquisition Timeline for Odin and Vali Gas Field Interests
Vintage Energy Limited (ASX: VEN) has confirmed an updated timetable relating to its proposed acquisition of Metgasco’s twenty five percent non-operated interests in the Odin and Vali Gas Fields, located in Australia’s onshore gas sector. Under the existing petroleum title sale agreement, the target date for Vintage’s commitment to the transaction, including any required shareholder approval, has been extended by one month to thirty one January two thousand and twenty six. The extension provides additional time to finalise internal processes and regulatory considerations while preserving transaction certainty. Importantly, the final completion date for the acquisition remains unchanged and is still scheduled to occur no later than thirty one March two thousand and twenty six. The proposed acquisition aligns with Vintage’s strategy to consolidate interests in producing and near-term gas assets, enhancing portfolio scale and optionality. Subject to approvals, the transaction positions Vintage to increase its exposure to established gas fields with existing joint venture frameworks.
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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.
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Vintage Energy Extends Acquisition Timeline for Odin and Vali Gas Field Interests
Vintage Energy Limited (ASX: VEN) has confirmed an updated timetable relating to its proposed acquisition of Metgasco’s twenty five percent non-operated interests in the Odin and Vali Gas Fields, located in Australia’s onshore gas sector. Under the existing petroleum title sale agreement, the target date for Vintage’s commitment to the transaction, including any required shareholder approval, has been extended by one month to thirty one January two thousand and twenty six. The extension provides additional time to finalise internal processes and regulatory considerations while preserving transaction certainty. Importantly, the final completion date for the acquisition remains unchanged and is still scheduled to occur no later than thirty one March two thousand and twenty six. The proposed acquisition aligns with Vintage’s strategy to consolidate interests in producing and near-term gas assets, enhancing portfolio scale and optionality. Subject to approvals, the transaction positions Vintage to increase its exposure to established gas fields with existing joint venture frameworks.
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