Metgasco Ltd
Metgasco Ltd is an Australia-based petroleum (oil and gas) exploration and production company.
The business
Metgasco Ltd is an Australia-based petroleum (oil and gas) exploration and production company. The principal activity of the Company is investment in the exploration, appraisal, development and commercialization of oil and gas assets. The Company operates through two segments: Oil and gas properties, and Exploration. Its tenements include ATP2021, PRL211, and PRL237. ATP2021 is located in Queensland adjoining the Queensland-South Australia border, the Company holds a 25% working interest in the permit. PRL211 lies in the South Australian Cooper Basin, with the license’s eastern boundary adjacent to the ATP2021 western boundary, the Company holds a 25% working interest in the permit. The Odin Gas Field, discovered by the PRL211 Joint Venture, is located in both PRL211 and ATP2021 on the southern flank of the Nappamerri Trough in the Cooper Basin. The Company has about 20% working interest in the PRL237 license.
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Latest news
Vintage Energy Receives $5m in Government Grants to Drill Odin-3 and Vali-4 Gas Wells
Vintage Energy secures $5m SA government grants to drill Odin-3 and Vali-4, boosting Cooper Basin gas output and SA energy security (ASX: VEN).
Vintage Energy Reshapes Southern Flank Strategy as Production Uplift Continues
Vintage Energy (ASX: VEN) Dec-2025 quarter revenue $0.8m; 0.06PJ produced (97% gas) as Southern Flank JV reforms with Metgasco stake buy, cash at $1.7m.
Vintage Energy to Buy Out Partners Metgasco and Bridgeport in Odin-Vali Gas Joint Venture
Vintage Energy (ASX: VEN) has moved to expand its central Australian gas production interests with the proposed acquisition of Metgasco’s (ASX: MEL) and Bridgeport Energy’s interest in the Odin and Vali fields.
Vintage Energy Reports Encouraging Progress in Odin-Vali Gas Production Uplift Program
Vintage Energy (ASX: VEN) has reported positive initial outcomes during the second phase of a production uplift program at its Southern Flank gas fields in central Australia. Following a successful Phase 1 program in early September that mainly focused on removing scale impacting flows levels at the Odin and Vali fields, Phase 2 has sought to initiate production […]
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