METGASCO LTD — Capital/Financing Update 2026

Mar 1, 2026

2 March 2026

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ASX Release

Amended target dates for Southern Flank gas interest acquisitions

Vintage Energy Limited (ASX: VEN, “Vintage”) announces amended target dates in the proposed acquisition of interests in its Southern Flank gas joint ventures held by Metgasco Ltd (ASX: MEL), and Bridgeport Limited announced 18 November 2025.

The end date for Vintage acceptance of the deemed sale offer of Bridgeport’s 25% interests in PRL 211 and ATP 2021 has been extended from 28 February to 31 March 2026 with a consequential extension of completion date to no later than 31 May 2026 by mutual agreement.

The target date for Vintage commitment to the acquisition of Metgasco’s 25% interests in the joint ventures (“Proposed Transaction”) has been extended by 31 days to 31 March 2026. The revised date aligns with the unchanged end-date for completion of the Proposed Transaction of 31 March 2026, although the parties are discussing a possible extension to this date. As previously advised, the Proposed Transaction is subject to certain conditions precedent being satisfied, including Vintage commitment to acquire Bridgeport’s interests under the deemed offer and securing sufficient funding for its obligations under the Sale Agreement.

This release has been authorised by the board of Vintage Energy Ltd.

For more information contact: +61 8 7477 7680 | info@vintageenergy.com.au

Vintage Energy Ltd (ACN 609 200 580) 58 King William Rd, Goodwood, SA 5034

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