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Vintage Energy Launches $2.1M Offer to Double Gas Production via Scale Remediation
8:26am on Friday 31st of January, 2025 AEDT
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Energy
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Vintage Energy Launches $2.1M Offer to Double Gas Production via Scale Remediation
8:26am on Friday 31st of January, 2025 AEDT
Key Points
Entitlement offer to raise approximately $2.1 million
417.3 million new shares at $0.005 each with free attaching options
Funds allocated to scale remediation and production enhancement at Odin and Vali fields
Production uplift program aims to double gas output and improve cash flow
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Vintage Energy (ASX:VEN)
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