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MEC Resources Ltd. reported Tuesday that Advent Energy Pty Ltd., operator of the PEP 11 project in the offshore Sydney Basin in Australia, is pushing ahead with a seismic campaign around a key potential drilling prospect in the exploration permit.
MEC Resources Ltd. reported Thursday that its oil and gas exploration unit Advent Energy Ltd.'s 100 percent owned RL1 (Weaber Gas Field) Project in Australia's Northern Territory will potentially benefit from a government infrastructure funding program in the state, according to a press release.
MEC Resources Ltd. provided Thursday the following update in relation to the planned seismic program within PEP11, in the offshore Sydney Basin, Australia.
MEC Resources Ltd. reported Monday that in relation to the proposed exploration works by Advent Energy Ltd. within PEP11 in the offshore Sydney Basin, Australia.
Advent Energy Ltd., an unlisted oil and gas exploration firm owned by major shareholders MEC Resources, BPH Energy, Grandbridge and Talbot Group Investments, provided Thursday the following announcement regarding the execution of the contract for the seismic activities within PEP 11 in the offshore Sydney Basin, offshore Australia.
MEC Resources Ltd (ASX: MMR) is pleased to provide the following summary of the proposed exploration works within PEP11 in the offshore Sydney Basin. A revised future drill target was announced in September 2015. This report identified a revised drill target on the Baleen prospect on seismic line B4 - 18 with a total depth of 2150 metres. The report identified that the nearest equivalent depth/age/commercial gas - condensate fields are located in the Bowen Basin, south - east Queensland.
MEC Resources Ltd. disclosed Monday that investee Advent Energy Limited (Advent) has signed a Letter of Intent (LOI) with Northern Minerals for potential future supply of gas to their Browns Range heavy rare earth element project in north-eastern Western Australia.
The National Offshore Petroleum Titles Administrator approves a suspension of the permit terms of EP386 in the onshore Bonaparte Basin, Western Australia.