Energy

In the 5B, Vintage said it was discussing funding options, including refinancing, a farm-out, and asset sales and purchases. It said it was confident of a positive outcome in the time required, but has not announced any transaction. TheAnnual General Meetingis scheduled for 30 …

The quarter also showed lower revenue. Net working-interest revenue after royalties fell to A$490,588 (US$342,283), from A$581,780 in the June quarter, mainly because the average oil price received dropped from US$97.83 to US$83.36 a barrel.

The two developments come against a small cash balance. Xstate's September quarter Appendix 5B, released on 21 October 2026, showed $676,000 at 30 September and about 0.97 quarters of funding at the latest rate of spending. That makes funding the central question for the …

Until those applications are decided, the company reported no exploration spending, and its activity is largely corporate: a smallPlacementcompleted during the quarter and anAnnual General Meeting(AGM) scheduled for 20 November 2026 with a long list of resolutions.

The raising matters because of the company's balance sheet. Its September quarter Appendix 5B, released on 30 October 2026, showed just $169,000 of unrestricted cash and about 0.88 quarters of funding, while loans from its largestShareholderfall due on 30 December 2026.

According to its September quarter report and Appendix 4C, released on 21 October 2026, MEC's own cash position is modest but its spending is low, giving it a reported funding runway of nearly three years. Shareholders will have their next formal opportunity to question …

Because the minimum was not met, AXP says it will deal with the application money as the Corporations Act requires. The announcement does not say whether that means refunds. A separate shortfall offer at the same price, with one free option for every two …