Avent Energy Limited

November 2008 News Archives

A hydrocarbon gas source has been analysed and confirmed in the offshore Sydney Basin. The confirmation of a hydrocarbon based gas analysis was released at the Petroleum Exploration Society of Australia (PESA) "Eastern Australasian Basins Symposium" 14-17 September 2008.

MEC Resources Limited (ASX: MMR) is pleased to advise that investee company Advent Energy Ltd ("Advent") has successfully secured a funding agreement that will provide a significant capital raising totalling A$7 million by the issue of 14 million shares at 50 cents per share.