Sale Agreement with Vintage - Updated Timetable
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| Stock | Metgasco Ltd (MEL.ASX) |
|---|---|
| Release Time | 23 Dec 2025, 9:53 a.m. |
| Price Sensitive | Yes |
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Metgasco updates timetable for Vintage sale agreement
Key Points
- Metgasco extends target date for Vintage commitment to 31 January 2026
- Completion date for proposed transaction remains unchanged at 31 March 2026
- No change to date for Metgasco's Extraordinary General Meeting on 14 January 2026
Full Summary
Metgasco Ltd (ASX: MEL) has provided an update on the timetable for its proposed sale of a 25% non-operated interest in licences at the Odin Gas Field and Vali Gas Field to Vintage Energy Ltd. The target date for Vintage's commitment (and, if required, shareholder approval) to the acquisition has been extended by 1 month to 31 January 2026. However, the end date for the completion of the proposed transaction remains unchanged at no later than 31 March 2026. There has been no change to the date for Metgasco's Extraordinary General Meeting to be held on Wednesday, 14 January 2026.
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