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EXPLORATION

RL to farm into PEP11 through 3D seismic

MEC Resources interest Asset Energy has signed a conditional farm-in agreement with RL Energy for 3D seismic work and will earn up to a 60% interest in the PEP11 permit offshore New South Wales.

James Bowen
RL to farm into PEP11 through 3D seismic

Asset is a wholly owned subsidiary of MEC investee Advent Energy and operator and 85% owner of PEP11 permit, which is the sole offshore block in NSW and could eventually supply the east coast domestic...

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