Past year: ▼ 60%(0.15c – 0.50c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
24 Nov 2025asset acquisition disposition▲ GoodMajor
The sale of Vintage's 25% of PEP 171 to Beach is completed, with $1.0m cash received. This resolves the pending sale and focuses resources on the Southern Flank gas fields; the MD cites joint venture reform and more drilling.
20 Nov 2025asset acquisition disposition▲ Good
Victorian Government approval, the last outstanding condition, is received for the sale of Vintage's PEP 171 interest to Beach. Completion and $1.0m cash are expected within November, clearing the long-pending approval thread.
19 Nov 2025investor presentation● Neutral
AGM presentation of 19 November 2025; only the disclaimer text is readable, so no new figures or substance can be reported from it.
18 Nov 2025asset acquisition disposition● NeutralMajor
Metgasco says it will sell its 25% of Odin and Vali to Vintage for $5.9m, plus Vintage taking over about $3.39m of AGL gas prepayment obligations. Metgasco says uplift results were not enough to support its business. Subject to funding, Bridgeport purchase and shareholder approvals.
18 Nov 2025asset acquisition disposition● NeutralMajor
Vintage signs a conditional deal to buy Metgasco's 25% of ATP 2021 and PRL 211 for $5.9m, and is weighing an equal offer for Bridgeport's 25%, expiring 28 December. This would lift its stake toward 100%. Funding via new partners or an equity raise is needed.
14 Nov 2025other● NeutralMajor
ASX temporarily pauses trading in Vintage shares pending a further announcement. No reason is given in the notice; this typically precedes a company announcement (inference).
17 Oct 2025drilling progress report● Neutral
Partner Metgasco re-releases Vintage's phase 2 Production Uplift results: Vali-2 Toolachee flowing up to 0.25 MMscf/d, Vali-1 Toolachee not flowing, and total output 2.4 MMscf/d. No new information beyond Vintage's own release.
17 Oct 2025drilling progress report● Neutral
Phase 2 began 24 September. Vali-2's Toolachee zone is flowing up to 0.25 MMscf/d with water; Vali-1's Toolachee still did not flow, and Vali-3 work awaits equipment in November. Total output is 2.4 MMscf/d, below the 2.9 after phase 1. Costs remain within budget.
26 Sept 2025annual report● Neutral
FY25 annual report, to 30 June 2025. The chair says value pathways for the Odin, Vali and Nangwarry gas discoveries should become clearer in coming months. Odin and Vali are put at about 140 PJ gross 2P gas; text is truncated, so financial results are not shown.
26 Sept 2025annual report● Neutral
Appendix 4G governance checklist for FY25, stating the corporate governance statement is on the company website and is current to 25 September 2025. Administrative filing with no new substance.
1 Sept 2025drilling result● NeutralMajor
Phase 1 of the Production Uplift Program found scale more widespread than known, at Odin-1, Odin-2, Odin facility and Vali-2. Raw gas rose to 2.9 MMscf/d from 2.5. Opening Vali-1's Toolachee zone gave no measurable gas. Phase 2 follows; cash is $1.9m.
17 July 2025listing compliance notice▼ Bad
ASX says the 89.8m shortfall shares and options issued 29 May came one day past the three-month window, so they use existing placement capacity instead. Vintage attributes it to a timing misalignment and says it remains compliant.
17 July 2025asset acquisition disposition● Neutral
Amplitude waives pre-emptive rights and consents to Beach as operator, clearing the joint venture conditions for the PEP 171 sale. Completion still awaits regulatory and Ministerial approvals; the $1.25m consideration is unchanged.
17 July 2025drilling scheduled▲ Good
Mobilisation begins for the Production Uplift Program at Odin and Vali, with work over about six weeks, mostly in August, finishing by early September. Modelled uplift is 2.1-5.6 MMscf/d against a current 3.2 MMscf/d.
17 July 2025joint venture update▲ GoodMajor
Operator Lakes Blue Energy signs a binding agreement with Beijing Maison Group, which will fully fund a feasibility study for a CO2 plant at Nangwarry (PRL 249, Vintage 50%). The certified resource is 26 Bcf; a plant could operate in the first half of 2027, subject to study.
17 June 2025production update▲ Good
Odin and Vali produced 100 MMscf in May, 8% above April, averaging 3.23 MMscf/d. Gains are attributed to measures taken before the uplift program, which is expected to start mid-July.
16 June 2025asset acquisition disposition● NeutralMajor
Vintage agrees to sell its 25% of PEP 171 in Victoria's Otway Basin to Beach Energy for $1.25m: $1.0m cash plus waiver of a $0.25m milestone payment. Completion needs approvals. Focuses resources on the Cooper Basin fields and Nangwarry.
29 May 2025capital raising announcement▲ GoodMajor
The shortfall offer closes fully subscribed, with 328.0m shares allocated, completing the $2.1m raise at 0.5c. This resolves the earlier risk of scaling back the Production Uplift Program, now planned for mid-July. Issued shares will total 2,086.9m.
26 May 2025investor presentation● Neutral
May 2025 investor presentation on the company's gas fields and contracts. Text is truncated and shows only disclaimers, so no new substance can be identified.
12 May 2025capital raising announcement▲ Good
A further 74m shares are placed under the shortfall offer at 0.5c, taking the two offers to 303.7m shares and $1.52m, about 73% of the $2.09m target. 113.7m shares remain available until 28 May.
What it means for a shareholder
74.0m new shares at A$0.005 to raise about A$370,000. That's 3.8% dilution: every existing holder's slice gets 3.8% smaller. If you held A$1,000 of shares (200,000 at the issue price), your slice goes from 0.0105% to 0.0101% of the company. To keep it you'd need 7,793 more shares - about A$39 at the issue price.
Create a free account to see this worked out for your own holding.
30 Apr 2025capital raising announcement▲ Good
Lender PURE commits $551,500 to the shortfall offer at 0.5c, paid by offsetting loan interest for the June and September 2025 quarters rather than new cash. Total raised reaches $1.15m of $2.1m target; the program is modelled to lift output by 2.1-5.6 MMscf/d.
28 Apr 2025regulatory community update▲ GoodMajor
Queensland renews ATP 2021, home of the Vali field, for six years to May 2030. The renewed area and production licence applications hold 23 oil prospects and leads and 3 gas prospects. Secures tenure for future exploration around Vali and Odin.
28 Apr 2025regulatory community update● Neutral
Joint venture partner Metgasco announces the same six-year ATP 2021 renewal to May 2030, noting Vintage holds 50% and operates. Repeats information in Vintage's own release; no new substance for Vintage holders.
9 Apr 2025joint venture update● Neutral
Joint venture partners approved the Production Uplift Program budgets, but Cooper Basin flooding cuts road access. Vintage now expects the program to start no earlier than June 2025. Production is continuing unaffected.
17 Mar 2025production update▲ Good
Flowline de-bottlenecking lifted raw gas from Odin and Vali to 3.6 MMscf/d from 3.2. Chemical injection at Odin-1 since February is said to have fixed the scale-affected metering. Resolves the metering problem; Production Uplift Program still planned for April.
13 Mar 2025half year report● Neutral
Half-year loss was $2.2m against $12.96m a year earlier, when Galilee and Bonaparte assets were fully written off; nothing was impaired this time. Gas sales revenue was $2.24m (down from $2.73m) on lower production. The Entitlement Offer is confirmed at $0.60m raised.
7 Mar 2025capital raising announcement▼ BadMajor
The entitlement offer raised only about $0.60m of the $2.1m sought, including $0.15m from shortfall. 89.4m retail shares plus 30m shortfall shares are issued with options. About 328m shortfall shares remain available for three months, so the program may be scaled back.
26 Feb 2025capital raising announcement● Neutral
Reminder that the entitlement offer closes 5pm on 28 February as planned, with a top-up facility for participating holders. No new substance.
10 Feb 2025capital raising announcement● Neutral
The entitlement offer opens 10 February and documents go out to shareholders. It closes 28 February unless extended. The chairman says completion is needed to fund the production uplift program. No new terms.
31 Jan 2025director officer appointment● Neutral
Simon Gray is appointed alternate director for Ian Howarth from 30 January 2025. Administrative board change.
