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Metgasco Sells Gas Field Interests to Vintage Energy

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Metgasco Sells Gas Field Interests to Vintage Energy

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The latest announcement is out from Vintage Energy Ltd. ( (AU:VEN) ).

Metgasco Ltd, an energy company, has entered into a Petroleum Title Sale Agreement with Vintage Energy Ltd to sell its 25% non-operated interest in the Odin and Vali Gas Fields. This transaction, valued at $5.9 million, marks a significant step for Metgasco as it disposes of its main undertaking, subject to shareholder approval at an upcoming extraordinary general meeting. The sale is expected to impact Metgasco’s operations and market positioning, with completion anticipated between January and February 2026.

The most recent analyst rating on (AU:VEN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Vintage Energy Ltd. stock, see the AU:VEN Stock Forecast page.

More about Vintage Energy Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$6.26M

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

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