Search results for: MEC Resources

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  • 19 May 2016
    Operations & Maintenance

    MEC Resources is considering the deployment of ocean bottom nodes (OBS) for the planned seismic program in PEP11 offshore Sydney Basin. An application has been made to Geoscience Australia for the potential use of OBS in PEP11, MEC Resources informed. The OBS can be deployed in up to 6000 meters water depth, and it can […]

  • 7 December 2010
    Business & Finance

    MEC Resources Limited has been advised by its investee company Advent Energy Limited (Advent Energy) that it has received updated advice as to operational handover of the Ocean Patriot semisubmersible drilling rig. Advent Energy, through wholly owned subsidiary Asset Energy Pty Ltd, will commence towing of the Ocean Patriot to the New Seaclem-1 location tomorrow, […]

  • 16 April 2018

    Advent Energy has begun a 2D seismic exploration survey over the PEP 11 exploration permit offshore Australia.

  • 19 May 2016
    Project & Tenders

    MEC Resources has informed that ocean bottom seismographs or nodes are being considered for deployment for the planned seismic program within PEP11 in the Sydney Basin, offshore Australia. PEP11 is held 85% and operated by Asset Energy which is a wholly owned subsidiary of Advent Energy, an investee entity of MEC Resources. Bounty Oil & Gas NL […]

  • 17 May 2016
    Exploration & Production, Project & Tenders

    Advent Energy is currently evaluating what type of rig to use for a drill target in the PEP11 in the Sydney Basin, offshore Australia.  PEP11 is held 85% and operated by Asset Energy, a wholly owned subsidiary of Advent Energy, an investee entity of MEC Resources. Bounty Oil & Gas NL holds the remaining 15% of […]

  • 14 March 2016
    Business & Finance, Operations & Maintenance

    MEC Resources has begun preparatory work to perform a seismic survey in the offshore Sydney Basin in PEP11. This includes procurement of specialist seismic service providers to assist in the new data acquisition planned for PEP11. The PEP11 joint venture participants are Asset Energy Pty Ltd. (85 percent and operator) and Bounty Oil and Gas […]

  • 18 April 2016
    Project & Tenders

    Australian MEC Resources has informed that a contract for the seismic activities within PEP11 in the Sydney Basin, offshore Australia, has been finalized. MEC Resources reported in March it was carrying out preparatory works for the seismic survey in the basin, including procurement of specialist seismic service providers. According to the company, the contracted vessel will perform […]

  • 14 March 2016

    Australia’s MEC Resources is preparing to carry out a seismic survey in the Sydney Basin, offshore Australia. The company did not say when the survey would begin, adding that the preparatory works include procurement of specialist seismic service providers to assist in the new data acquisition planned for the PEP 11 licence located in the basin. […]

  • 11 February 2011
    Business & Finance, Project & Tenders

      MEC Resources  provides the following update from its investee company Advent Energy Ltd (Advent) regarding the present status of its operations. PEP11, Offshore Sydney Basin (Advent 85% through wholly owned subsidiary Asset Energy Pty Ltd, pending formal transfer from Joint Venture partner Bounty Oil & Gas) The New Seaclem-1 well, concluded in January 2011. […]

  • 25 June 2013
    Business & Finance

    MEC Resources Limited advises of the following developments in investee Advent Energy Ltd’s (“Advent”) assets in the offshore Sydney Basin (PEP11). Advent’s 85% interest in PEP11 is held by wholly owned subsidiary Asset Energy Pty Ltd. Asset Energy’s current legal dispute with Fugro Survey Pty Ltd and RPS Energy Pty Ltd has been listed for […]

  • 4 December 2012

    MEC Resources announced that investee Advent Energy has completed the interpretation of the results of the recent production testing program at Waggon Creek-1 in its 100% owned EP386 in the onshore Bonaparte Basin. Advent’s 100% interests in EP386 and nearby RL1 are held by wholly owned subsidiary Onshore Energy Pty Ltd. Advent’s major shareholders remain […]

  • 25 June 2013

    MEC Resources announced the following developments in investee Advent Energy Ltd’s assets in the onshore Bonaparte Basin (EP386 & RL1) and offshore Sydney Basin (PEP11). Onshore Bonaparte Basin (EP386 and RL1) Advent has now received and is reviewing the airborne geophysical data acquired by Beach Energy and provided to Advent under the data sharing agreement […]

  • 26 January 2015

    MEC Resources has reported that its subsidiary Advent Energy is preparing an Environment Plan for a seismic data acquisition campaign offshore Australia. According to MEC, the survey, over the PEP 11 licence in the offshore Sydney basin, should refine the existing multi-Tcd structural targets for future drilling. “If successful, and gas is discovered in the […]

  • 18 April 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    MEC Resources informed it has executed a contract for the seismic activities within PEP11 in the offshore Sydney Basin. An undisclosed seismic player will perform a 2D survey covering approximately 200 line km to assist in the drilling of the Baleen target approximately 30 km south east of Newcastle, New South Wales. The Baleen HR survey will cover […]

  • 29 March 2011
    Business & Finance

    MEC Resources   provides the following update from its investee company Advent Energy Ltd (Advent) regarding the present status of PEP11, offshore Sydney Basin. Advent has advised that the joint authority has approved a variation to the PEP11 Year 6 work program commitment obligations. The variation includes geological and geophysical reviews as well as planning for […]

  • 20 June 2014
    Business & Finance

    MEC Resources Ltd advises that investee entity Advent Energy Limited has started preparations for seismic acquisition in PEP11 in the offshore Sydney Basin, New South Wales. Advent Energy Limited’s wholly owned subsidiary Asset Energy Pty Ltd, with joint venture partner Bounty Oil and Gas NL, is intending to perform a 3D seismic survey of approximately […]

  • 20 June 2014
    Business & Finance

    MEC Resources has informed that investee entity Advent Energy Limited has started preparations for seismic acquisition in PEP11 in the offshore Sydney Basin, offshore New South Wales, Australia.

  • 16 April 2018
    Business & Finance, Operations & Maintenance

    Advent Energy has launched a 2D seismic exploration survey over the Baleen prospect in PEP11 offshore New South Wales. MEC Resources’ investee Advent Energy holds an 85% interest in PEP11 through its wholly-owned subsidiary Asset Energy. A 2D seismic survey of approximately 200-line kilometer is now occurring offshore Newcastle and pursuant to an environment plan […]

  • 30 March 2018

    Advent Energy is preparing to conduct a seismic exploration survey over the Baleen prospect located in PEP 11 license offshore New South Wales, Australia. 

  • 29 March 2018
    Business & Finance, Operations & Maintenance

    Advent Energy is set to undertake a 2D seismic exploration survey over the Baleen prospect in PEP11 offshore New South Wales. Advent Energy, an investee entity of MEC Resources, holds an 85% interest in PEP11 through wholly owned subsidiary Asset Energy. The survey of approximately 200 line km is planned to start on April 9, 2018. It will […]

  • 23 October 2012

    Santos announced the appointment of Hock Goh to its Board of Directors, effective immediately. Mr Goh, 57, has extensive experience in the oil and gas industry in Asia. During a 25-year career with Schlumberger, a leading oilfield services company, Mr Goh held senior positions in Asia, the Middle East and Europe, including President of Network […]

  • 15 November 2010
    Business & Finance

    Advent Energy Ltd (Advent) announces that it has received approval from Industry & Investment NSW (I&I NSW) for the drilling of New Seaclem-1, offshore Newcastle, NSW. The NSW Department of Industry & Investment trades as Industry & Investment NSW (I&I NSW). Approval has been granted for Asset Energy’s (a wholly owned subsidiary of Advent Energy) […]