MNE is a subsidiary of Macallum Group Limited, the team responsible for growing ASX listed Extract Resources from explorer to a +A$2B company.
We're a team with over 120 combined years experience in the exploration and commercialisation of mining projects throughout the world.
MNE is a conventional oil and gas exploration play with 100% ownership of EP-494 and EP-511 in the onshore Perth Basin.
Encompassing an extensive footprint, EP-494 and EP-511 are host to a portfolio of opportunities boasting a significant near 2 Tscf P50 prospective resource, in addition to multiple new leads and further planned exploration.
MNE present a rare opportunity to participate in the multi-Tscf Perth Basin Kingia gas play where most positions are held by unlisted majors.
The northern part of EP-494 has the potential to be ground zero in the exploration and discovery of commercial deposits of naturally occurring hydrogen and helium in the Perth Basin.
