Metgasco Limited (MEL) operates as a petroleum exploration and production company, publicly traded on the Australian Securities Exchange (ASX: MEL). The company is strategically transitioning its focus towards gas production, particularly from its Vali field situated within the ATP2021 permit area in Queensland. This shift underscores Metgasco's strategic move to enhance its operational portfolio in the energy sector, aligning with evolving market demands and regulatory dynamics. By leveraging its expertise in petroleum exploration and development, Metgasco aims to bolster its position as a significant player in Australia's gas production landscape, contributing to the country's energy security and sustainable resource utilization.