Advent Energy Latest TV Segment July: click here to view the video
Advent Energy Latest TV Segment May: click here to view the video
Advent Energy Feature on Channel 9 Mining Matters: click here to view the video
Advent Energy feature on Channel Nine News: Gas mining plan off Sydney's coast
MEC Resources feature on Channel Nine's Mining Matters: click here to view the video
14 View Street, North Perth
Western Australia 6006
PO Box 317, North Perth
Western Australia 6906
T: +61 8 9328 8711
F: +61 8 9328 8733
Increase in Estimated Prospective Gas Resources for PEP11 Offshore Sydney Basin
July 6, 2010 8:57 AM
Advent Energy Ltd ("Advent") is pleased to advise that is has received technical reviews from Tanvinh Resources Pty Ltd and Pangean Resources LLC supporting a significant increase in the estimated prospective recoverable resources within the PEP 11 Offshore Sydney Basin.
Following these reviews, Advent have provided an increase in the 'best estimate' (P50 level) to 13.2 trillion cubic feet (Tcf) of prospective gas resources. Prospects and leads within the Permo-Triassic sedimentary sequence were estimated to contain 6.0 Tcf (P50) whilst estimates for the Cainozoic sedimentary sequence are 7.2 Tcf (P50).