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Vintage Energy Ltd (ASX:VEN) completed a $5.6 million capital raising during the quarter incorporating a private placement and a fully underwritten accelerated entitlement offer.
The federal government has completed the design of the Mandatory Gas Code of Conduct (Gas Code), placing emphasis on securing additional domestic supply in the short term, and facilitating certainty for investment in new supply. In a statement on Thursday, the federal government noted that producers have already offered indicative domestic supply commitments under the new framework of at least 260 PJ to 2027. These indicative commitments will reduce the risk of shortfalls as assessed by the Australian Competition and Consumer Commission (ACCC) and the Australian Energy Market Operator (AEMO).