Metgasco Ltd (ASX:MEL)'s Ken Aitken introduces the small cap ASX oil and gas firm to Proactive's Andrew Scott. The company's just raised $4.58 million through a fully underwritten non-renounceable entitlement offer. Aitken says the immediate focus for them is an independent reserve/resource upgrade following the Odin-1, Vali-2 and Vali-3 gas discoveries as well as progressing a gas sales agreement and final investment decision planning for the Vali field.
Metgasco Ltd focused on becoming a gas producer within a year