MNE is an early-stage oil and gas exploration company focused on the assessment and future development of its two 100% owned exploration permits, being EP 494 and EP 511, located in the onshore Northern Perth Basin in Western Australia.
MNE has an experienced Board and management team with a broad range of oil and gas, project development, corporate finance and technical skills in the resources and oil and gas industry. Our team independently has successful track records in leading and growing major ASX listed companies, value accretive mineral exploration and successful project development.
MNE is the 100% owner of EP-494 and EP-511 in the onshore Perth Basin.
To date, MNE has undertaken 2D seismic surveys which have identified one prospect and three leads within EP 494, being the Barberton Terrace Deep (BTD) Permian prospect and the Yarra, Gadee and Condor Jurassic leads.
MNE intends to undertake further 2D and 3D seismic surveys at the Yarra, Gadee and Condor leads (with a focus initially at Yarra and Gadee), with a view to identifying a potential shallower Jurassic well target within the Yarra and Gadee leads
In addition to the Projects, the Company has also applied for three additional SPA / AOs (Special Prospecting Authority with Acreage Option) in the Northern Perth Basin and Pilbara and Great Southern areas.
