🕐04.09.12 - 06:54 Uhr

MEC RESOURCES [ASX: MMR] - ADVENT ENERGY-EP386 STUDY INCREASES MEAN RESOURCE TO 556 BCF



MEDIA DISTRIBUTION BY
MEC Resources [ASX: MMR] 
http://www.mecresources.com.au/


Advent Energy-EP386 study increases mean resource to 556 BCF

MEC Resources Limited (ASX:MMR) investee company Advent Energy Ltd has advised that, following an extensive review of all available data, it has increased the volumetric estimates of conventional prospective recoverable resources in EP386 in the onshore Bonaparte Basin, northern Western Australia.

Advent’s 100% interests in EP386 and RL1 are held by wholly owned subsidiary Onshore Energy Pty Ltd.

Advent’s major shareholders remain MEC Resources (ASX: MMR), BPH Energy (ASX: BPH), Talbot Group and Grandbridge (ASX: GBA).

 
The collaboration between Advent and Lan Nguyen of Tanvinh Resources studied different vintages of reprocessed 2D seismic, petrophysical review of existing well logs and geological review.

Subsequent reinterpretation and mapping of newly reprocessed seismic data, in conjunction with other existing seismic data coverage and recent detailed geological review of the E386 permit area, has provided the basis for updating the hydrocarbon resources potential of both conventional and unconventional reservoirs within EP386.

Further disclosure regarding Advent’s unconventional resources will be provided upon conclusion of their review.

Click here for full announcement

For further information, please contact: 

 
David Breeze
Executive Director
T: +61 8 9328 8477
 
Media enquiries: 
 
Peter-John Lewis
Fortbridge 
E:
P: +61 2 9003 0481
M: +61 416 290 604 





This announcement has been distributed via Fortbridge.NET, a web-based tool owned by Fortbridge Consulting Pty Ltd.

For further enquiries about the release, please refer to the contact details provided.

This is a no-reply email.



You have been identified through research as a media contact with an interest in this sector.

You can unsubscribe by clicking here.



DISCLAIMER: The company releasing the announcement above (“Issuer”) may retain the services of Fortbridge.

Fortbridge may derive a financial benefit from this distribution.

The announcement, including links or attachments, may contain "forward-looking statements", which are projections reflecting the Issuer`s reasonable beliefs based on information currently available.

Although they may have been signed off by competent persons, such statements are still subject to risks and uncertainties that could cause actual results and future events to differ materially.

Readers are cautioned that "forward-looking statements" are not guarantees of future performance or achievements.

Please also take notice of any further disclaimers or compliance statements that may be included in the announcement, especially those specific to different stock exchanges and their jurisdictions.



Please consider the environment before printing this document.

If you'd like to unsubscribe and stop receiving these emails click here.



Products & Services | Jobs