Bounty is an Australian ASX listed oil producer and explorer (ASX:BUY). Its core petroleum production and exploration assets are located onshore in the Cooper/Eromanga Basins and in the Surat Basin in Queensland and South Australia. Its growth assets are spread over a number of high impact projects in Australia and Tanzania where it is exploring for oil and gas. In Australia; offshore it holds AC/P 32 Timor Sea and is a participant in PEP 11, Sydney Basin.
On 12 August 2019 MEC Resources Limited (ASX:MMR) announced that it had reached a settlement of the various legal disputes between MEC and BPH Energy Limited ( BPH ), Grandbridge Limited, Trandcorp Pty Ltd and David Breeze.Read Full Article▸
The Directors of MEC Resources Limited (ASX:MMR) are pleased to announce a number of significant developments which are now in progress to facilitate paving the way forward for the Company, the aim of which is to create long term value for MEC and its shareholders.Read Full Article▸
During the period, MEC Resources Limited (ASX:MMR) Investee Advent confirmed the renewal of key offshore Sydney Basin permit Petroleum Exploration Permit 11 (PEP11) for a further 5 year term. The renewal was formally granted on 13 August 2012.Read Full Article▸