tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vintage Energy Clarifies Southern Flank Deal and Outlines December Quarter Operations

Story Highlights
  • Vintage Energy updated its quarterly report to clarify that its Southern Flank initiative involves acquiring Metgasco’s licence interests.
  • The company reported modest December quarter revenue and production while progressing field work and joint venture reforms to boost future output.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vintage Energy Clarifies Southern Flank Deal and Outlines December Quarter Operations

Claim 50% Off TipRanks Premium

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

Vintage Energy Ltd has issued a revised December quarter report to clarify that its Southern Flank Joint Venture reformation initiative includes a conditional agreement to acquire Metgasco’s licence interests, rather than Metgasco itself. For the quarter ended 31 December 2025, the company reported sales revenue of $0.8 million, production of 0.06 PJe, completion of the divestment of PEP 171 and closing cash of $1.7 million, with operational efforts focused on de-watering and establishing Toolachee gas production and advancing geotechnical work to support future drilling and a shift from appraisal to production in its Southern Flank assets.

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.

Vintage Energy Ltd is an Australian oil and gas company focused on exploration and production, with assets including the Southern Flank Joint Ventures and other petroleum licences. The company generates revenue from sales of gas and gas liquids and is working to transition projects from appraisal towards cash-generating production within the domestic energy market.

Technical Sentiment Signal: Sell

Current Market Cap: A$10.43M

For a thorough assessment of VEN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1