MEC Resources Ltd (AU:MMR) has released an update.
MEC Resources Ltd announces that its investee company, Advent Energy Ltd, has proactively engaged Klarite Pty Ltd to manage environmental aspects of the Seablue-1 exploration well in PEP-11, in anticipation of regulatory approvals. This move aligns with the Federal Government’s Future Gas Strategy, emphasizing the importance of domestic gas supply during the transition to net-zero emissions by 2050. The company is positioning to drill as soon as possible, underpinning the urgency for new gas sources to support national demand.
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