Vintage Energy terminates Metgasco acquisition deal. The ASX-listed energy company has ended its Petroleum Title Sale Agreement with Metgasco for 25% interests in the Odin and Vali Gas Fields after failing to meet pre-conditions by the March 31, 2026 deadline. Metgasco must repay Vintage $255,000 in interest-free loans. Despite this setback, Vintage is advancing recapitalisation efforts through a $2.1 million entitlement offer priced at $0.004 per share, with directors committing $200,000. The company has also extended its $10 million PURE Asset Management loan facility to January 2028. South Australia's $5 million gas initiative grant for Odin-3 and Vali-4 drilling remains conditional on completion by September 2028.
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