Australia's Vintage Energy surges on winning government grant

Vintage Energy

20/02/2026 04:35

** Shares of oil and gas explorer Vintage Energy VEN.AX rise 25% to A$0.005, their highest level since Feb 9

** Set for best day since Jan 26

** Co's 50%-owned Southern Flank gas projects get A$5 million ($3.52 million) in grants from South Australian government

** Stock flat YTD, including current moves

($1 = 1.4215 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com;))