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 in the onshore Perth Basin.
Encompassing an extensive footprint, EP-494 is 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.
EP-494 is one of the last remaining plays in the Perth Basin on the back of significant consolidation by 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.
Research done to date has encountered some of highest reported concentrations of hydrogen at surface globally.
Unleashing the Potential of Natural Hydrogen: Macallum New Energy’s Groundbreaking JourneyWelcome to Macallum New Energy as we delve into the immense possibilities of natural hydrogen as a cost-effective, net-zero solution in the quest for sustainable and clean energy solutions.
