Metgasco Ltd ( (AU:MEL) ) has shared an announcement.
Vintage Energy Ltd, a 50% interest-holder and operator of the ATP 2021 Joint Venture, has announced the renewal of the ATP 2021 permit for a six-year term by the Queensland government. This renewal allows for a comprehensive evaluation of numerous oil and gas prospects within the permit area, which includes 23 oil prospects and 3 gas prospects. The permit’s strategic location near existing infrastructure and prolific producing fields presents significant opportunities for value creation and efficient resource development.
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Current Market Cap: A$4.37M
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