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Vintage Energy Raises $2.1M to Boost Oil Prospects and Secure Odin Gas Field Link

10:02am on Tuesday 17th of March, 2026 AEDT Energy
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Vintage Energy Raises $2.1M to Boost Oil Prospects and Secure Odin Gas Field Link

10:02am on Tuesday 17th of March, 2026 AEDT
Key Points
  • Entitlement offer of 1-for-4 shares at 0.4 cents with 2 free-attaching options
  • Funds to support oil prospect evaluation and Odin gas field permanent connection
  • Estimated $0.7 million annual operating cost savings from infrastructure upgrade
  • South Australian Government grant to co-fund drilling of two gas wells
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