Company Overview and News

NSW riled by lack of 'fit and proper' for offshore gas exploration

Companies exploring for energy off the NSW coast should be subject to the same "fit and proper person test" as those on land, the Berejiklian government says, underscoring tensions between Sydney and Canberra over the approval of seismic testing in waters near Newcastle.

MEC Resources investee will undertake seismic survey off coast near Newcastle

MEC RESOURCES LIMITED (ASX:MMR) investee Advent Energy Ltd will undertake a seismic survey early next month over the Baleen prospect in PEP11 offshore of Newcastle in New South Wales.

Grandbridge Ltd to reveal board change

The halt will remain in place until the opening of trade on Monday 28th November 2016, or earlier if an announcement is made to the market.

Advent Pushes Ahead with Seismic Campaign in PEP 11 in Sydney Basin

2016-07-19 rigzone
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.

Advent's RL1 Project in Australia's NT to Gain from Infrastructure Project

2016-06-23 rigzone
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 Updates on PEP11 Planned Seismic Program in Offshore Sydney Basin

2016-05-19 rigzone
MEC Resources Ltd. provided Thursday the following update in relation to the planned seismic program within PEP11, in the offshore Sydney Basin, Australia.

MEC Says Seismic Survey Being Planned for PEP11 Offshore Australia

2016-05-17 rigzone
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 Contracts Vessel for 2D Seismic Survey in PEP11 in Sydney Basin

2016-04-14 rigzone
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.

Trading Halt


MEC Resources announces proposed exploration works within PEP11, offshore Sydney Basin

2016-03-24 oilvoice
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.

Australia's Advent Signs LOI for Potential Gas Supply to Northern Minerals

2016-03-21 rigzone
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.

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