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An update from Vintage Energy Ltd. ( (AU:VEN) ) is now available.
Vintage Energy Ltd. reported a sales revenue of $1.2 million for the quarter ending June 30, 2025, with production at 0.10 PJe. The company successfully completed a capital raising and agreed to sell its PEP 171 Otway Basin for $1.25 million. A feasibility study on a Nangwarry CO2 liquefaction plant has commenced, indicating potential growth in resource utilization. The company’s cash position improved to $2.50 million, reflecting a strategic focus on enhancing financial stability and operational efficiency.
More about Vintage Energy Ltd.
Vintage Energy Ltd. operates in the oil and gas industry, focusing on the exploration and production of natural gas and associated liquids. The company is involved in projects across various basins in Australia, aiming to supply energy resources to meet market demands.
Technical Sentiment Signal: Sell
Current Market Cap: A$10.43M
Learn more about VEN stock on TipRanks’ Stock Analysis page.