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Why Is Metgasco Selling Its Cooper Basin Gas Fields for $5.9 Million?
10:22am on Tuesday 18th of November, 2025 AEDT
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Energy
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Why Is Metgasco Selling Its Cooper Basin Gas Fields for $5.9 Million?
10:22am on Tuesday 18th of November, 2025 AEDT
Key Points
Sale of 25% non-operated interest in Odin and Vali gas fields
Conditional $5.9 million consideration payable by Vintage Energy
Vintage to assume most liabilities including $3.39 million AGL gas prepayment
Transaction subject to shareholder and regulatory approvals
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