Gas Sales and Processing Agreements ➢ ATP 2021 Joint Venture executes Processing Agreement with SACB Joint Venture ➢ Fulfills conditions precedent for Gas Sales Agreement with AGL ➢ Triggers met for first 2 of 3 pre-payments by AGL
Vintage Managing Director, Neil Gibbins, said the execution of the Processing Agreement had taken Vintage to a significant point in its history. “We have now met the conditions for the company’s first Gas Sales Agreement. Through this Agreement, and the field work that has commenced, we expect to be generating our first revenue and operating cash flow in the near future. “We are fully funded for the work to be done and are concentrating our efforts on completing the construction and connection work program safely and efficiently,” said Mr Gibbins.
VEN Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
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