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Metgasco Ltd Expands Production in Cooper Eromanga Basin

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Metgasco Ltd Expands Production in Cooper Eromanga Basin

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An update from Metgasco Ltd ( (AU:MEL) ) is now available.

Metgasco Ltd has announced the production status of its key projects in the Cooper Eromanga Basin. The Odin Field, which began production in September 2023, has been further expanded with Odin-2 coming online in October 2024. Additionally, the Vali Field has been producing via Vali-1 since February 2023. These developments are significant for Metgasco’s operational growth and position in the energy market, potentially enhancing its production capacity and market presence.

More about Metgasco Ltd

Metgasco Ltd operates in the energy sector, focusing on the exploration and production of oil and gas. The company is involved in the development of fields within the Cooper Eromanga Basin, with a focus on increasing production capabilities.

Current Market Cap: A$1.84M

Learn more about MEL stock on TipRanks’ Stock Analysis page.

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