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Why Is Vintage Energy Selling Its 25% Otway Stake to Beach Energy?

9:46am on Monday 16th of June, 2025 AEST Energy
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Why Is Vintage Energy Selling Its 25% Otway Stake to Beach Energy?

9:46am on Monday 16th of June, 2025 AEST
Key Points
  • Sale of 25% stake in PEP 171 to Beach Energy for $1.25 million
  • Transaction subject to joint venture and regulatory approvals
  • Beach Energy to become operator of PEP 171 upon completion
  • Vintage refocuses on Southern Flank gas fields and Nangwarry resources
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