MEC Resources Limited (ASX: MMR) is pleased to advise that investee company Advent Energy Ltd ("Advent") is to release today preliminary results* of new mapping of seismic data from the PEP 11 Offshore Sydney Basin permit. Seismic acquired (1460 km) in late 2004/early 2005 has been integrated with 2,345 km of 1981 and 1991 seismic for the first time.
The new mapping by Advent confirms the presence of the Baleen prospect and indicates the presence of several additional large structures shown in the figure below. Advent presently holds a 25% working interest in PEP11 through Asset Energy Pty Ltd ("Asset"), and has the right to earn an 85% interest from Bounty Oil and Gas NL. For full details click here
ASX MMR New Large Structures Mapped in PEP11 Offshore Sydney Basin Gas Project 080808.pdf



