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Why Metgasco’s $5.9M Odin and Vali Sale Could Reshape Its Future

12:52pm on Friday 30th of January, 2026 AEDT Energy
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Why Metgasco’s $5.9M Odin and Vali Sale Could Reshape Its Future

12:52pm on Friday 30th of January, 2026 AEDT
Key Points
  • Conditional sale of 25% non-operated interests in Odin and Vali gas fields for $5.9 million
  • Shareholders approved the transaction at January 2026 extraordinary meeting
  • Production from Odin and Vali fields declined quarter-on-quarter
  • Company plans to exit substantial operations post-sale and pursue new business opportunities
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