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Vintage Energy Reports Quarterly Revenue and Progresses Southern Flank Reformation

Vintage Energy Ltd (ASX: VEN) has provided an operational update for the period, reporting sales revenue of AU$ 0.8 million and production of 0.06 PJe. During the quarter, the Company progressed its Southern Flank Joint Venture reformation initiative, including entering into a conditional agreement to acquire Metgasco, supporting a broader corporate and asset consolidation strategy. Vintage also completed the divestment of PEP 171 during the period. The Company closed the quarter with cash of AU$1.7 million, broadly unchanged, as it continues to advance portfolio and corporate initiatives.

 

 

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