The Board of MEC Resources Ltd (ASX: MMR) advise that on 14 September 2008 the Company released details of a report describing geophysical evidence for gas in the offshore Sydney Basin. 

MEC Resources Limited (ASX: MMR) is pleased to advise that investee company Advent Energy Ltd ("Advent") has received a report from Fred Kroh, former Project Leader of the Geophysical Processing and Data Access Project with Geoscience Australia, describing geophysical evidence for gas in the offshore Sydney Basin, NSW.

The report states that the geophysical data collected as part of Geoscience Australia's NSW Continental Slope Survey SS10/2006 (voyage lines indicated right), especially Swath Bathymetry and TOPAS Sub-Bottom Profiles, have replicated features demonstrated previously (from SS06/2005) to have been derived from implied thermogenic hydrocarbon seepage emanating from the Cornea Oil Field, in the Timor Sea, north western Australia

MEC Resources Limited (ASX: MMR) is pleased to advise that investee company Advent Energy Ltd ("Advent") has initiated discussions with Australian Government authorities regarding the Company's evaluation of the geosequestration potential for its Petroleum Exploration Permit 11 (PEP11) in the offshore Sydney Basin.

Potential geological structures have been identified less than 50 km from Newcastle and Sydney, and a recent Carbon Dioxide Cooperative Research Centre (CO2CRC) paper has demonstrated the potential for geosequestration and has outlined the potential benefit to New South Wales and Australia if PEP11 should prove suitable for anthropogenic carbon dioxide underground storage.