Vintage Energy announced a fully underwritten 1 for 1.3 pro-rata accelerated non-renounceable entitlement offer, which aims to raise approximately $6.7 million.

Priced at 1 cent each, the new shares accelerate Vintage Energy's exploration and development projects.

The retail entitlement offer runs from April 3 to April 26, with funds intended to boost gas production, sales, and cash generation from the Odin gas field.