MEL 25.0% 0.3¢ metgasco ltd

Ann: Quarterly Activities and Appendix 5B September 2023, page-11

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    Fingers crossed VEN and MEL deliver on this forecast made in their quarterlies, but yes, it is out of their control. And no production hiccups bringing both Vali-1 and Odin-1 back online i.e. no downhole complications. Probably not worthy of an announcement though.

    Scheduled downstream 3rd party maintenance will require Vali to be shut in for the greater part of October. The field was shut in 15 October and is expected to reopen on 4 November. Vintage has been advised there are no further outages scheduled for the December quarter.

    Kind regards OldGeo
 
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