Advent tag:,2008-04-18:/1 2012-10-11T05:40:46Z Movable Type Open Source 4.1 LATEST BOARDROOM RADIO BROADCAST tag:www.adventenergy.com.au,2012://1.89 2012-10-10T08:24:11Z 2012-10-11T05:40:46Z Listen and watch the latest MEC Resources Boardroom Radio Broadcast... Advent Energy Listen and watch the latest MEC Resources Boardroom Radio Broadcast
]]> ADVENT ENERGY UPBEAT ABOUT BONAPARTE BASIN GAS tag:www.adventenergy.com.au,2012://1.88 2012-09-19T07:23:28Z 2012-09-19T07:35:56Z Advent Energy feature story in September edition of Energy Publications Oil & Gas Australia


]]> Advent Energy feature story in Energy Publications Oil & Gas Australia - September 2012 edition]]> PRODUCTION TESTING PROGRAM EP386 WAGGON CREEK-1 tag:www.adventenergy.com.au,2012://1.86 2012-09-19T03:24:11Z 2012-09-19T03:25:53Z Production testing operations have commenced at the Waggon Creek -1 well site. The current testing zone as illustrated is over the perforated intervals 384.1-390.1m and 393.1-395.1m in the Milligans Formation sandstone reservoirs.... ]]> ]]> Unconventional shale gas and conventional shale gas prospectivity in onshore Bonaparte Basin tag:www.adventenergy.com.au,2012://1.85 2012-09-04T04:46:21Z 2012-09-04T04:50:07Z MEC Resources Limited (ASX: MMR) is pleased to provide the following detail in relation to its investee company Advent Energy Ltd ('Advent') and the prospectivity of Advent's unconventional and conventional oil and gas assets in the onshore Bonaparte Basin (north-eastern... here
]]> EP386 study increases mean resource to 556 BCF tag:www.adventenergy.com.au,2012://1.84 2012-09-04T04:43:35Z 2012-09-04T04:46:12Z here
]]> ]]> Company presentation at the recent 51st Oilbarrel conference tag:www.adventenergy.com.au,2012://1.83 2012-03-29T16:25:22Z 2012-03-30T16:37:06Z View Advent's recent presentation at the recent 51st Oilbarrel conference here.... Advent Energy View Advent's recent presentation at the recent 51st Oilbarrel conference here.

]]> ]]> Advent Energy Feature on Channel 9 Mining Matters tag:www.adventenergy.com.au,2011://1.78 2011-03-21T05:36:15Z 2011-03-21T05:50:52Z Advent Energy have recently featured again on the Mining Matters program on Channel 9.To view the segment on Mining Matters click here... Advent Energy have recently featured again on the Mining Matters program on Channel 9.

To view the segment on Mining Matters click here

]]> Boardroom Radio Interview with David Breeze tag:www.adventenergy.com.au,2011://1.77 2011-02-28T03:07:01Z 2011-02-28T04:57:03Z MEC RESOURCES LIMITED (MMR) provides the opportunity to listen to an audio broadcast with Mr David Breeze, Executive Director in a presentation titled "MEC Resources: Update on PEP11 and Half Year Financial Report - David Breeze, Executive Director.". To...

MEC RESOURCES LIMITED (MMR) provides the opportunity to listen to an audio broadcast with Mr David Breeze, Executive Director in a presentation titled "MEC Resources: Update on PEP11 and Half Year Financial Report - David Breeze, Executive Director.".

To listen, click here

]]> Boardroom Radio Interview with David Breeze tag:www.adventenergy.com.au,2010://1.76 2010-11-23T03:51:44Z 2010-11-23T03:58:16Z
To listen to the interview click on this link http://www.brr.com.au/event/72081

]]> ADVENT ENERGY FEATURE IN BUSINESS EXCELLENCE MAGAZINE tag:www.adventenergy.com.au,2010://1.75 2010-11-16T02:16:25Z 2010-11-16T02:17:35Z Click on the below link to view the articleBusiness Excellence Magazine Corporate Brochure.pdf... Click on the below link to view the article
Business Excellence Magazine Corporate Brochure.pdf]]> PEP11 DRILLING REGULATORY APPROVALS RECEIVED tag:www.adventenergy.com.au,2010://1.74 2010-11-15T00:59:58Z 2010-11-15T01:01:36Z
Approval has been granted for Asset Energy's (a wholly owned subsidiary of Advent Energy) Well Operations Management Plan (WOMP) under the Petroleum (Submerged Lands) (Management of Well Operations) Regulations 2004, and Environment Plan and Oil Spill Contingency Plan under the Offshore Petroleum and Greenhouse Gas Storage (Environment) Regulations 2009.

The Approval follows several months of application and independent review process involving Advent Energy and representatives of I&I NSW.
The major shareholders of Advent are MEC Resources Limited (ASX: MMR), BPH Corporate Limited (ASX: BPH), Talbot Group Investments and Grandbridge Limited (ASX: GBA). 
]]> PEP11 Drilling Regulatory Approvals received from NSW Department of Industry & Investment

Advent Energy Ltd (Advent) is pleased to advise that it has received approval from Industry & Investment NSW (I&I NSW) for the drilling of New Seaclem-1, offshore Newcastle, NSW. The NSW Department of Industry & Investment trades as Industry & Investment NSW (I&I NSW).

Approval has been granted for Asset Energy's (a wholly owned subsidiary of Advent Energy) Well Operations Management Plan (WOMP) under the Petroleum (Submerged Lands) (Management of Well Operations) Regulations 2004, and Environment Plan and Oil Spill Contingency Plan under the Offshore Petroleum and Greenhouse Gas Storage (Environment) Regulations 2009.

The Approval follows several months of application and independent review process involving Advent Energy and representatives of I&I NSW.

The major shareholders of Advent are MEC Resources Limited (ASX: MMR), BPH Corporate Limited (ASX: BPH), Talbot Group Investments and Grandbridge Limited (ASX: GBA). 

New Seaclem-1 Well Summary

The New Seaclem-1 well is located in the Advent (through wholly owned subsidiary Asset Energy Pty Ltd) operated PEP11 permit offshore NSW. 
The well will be the first explorationwell to be drilled offshore New South Wales and within PEP11.

The New Seaclem-1 drilling location is approximately 55 kilometres east of Newcastle within Commonwealth Waters.  The New Seaclem-1 well will be targeting the Great White and Marlin stratigraphic prospects contained within the Cainozoic sedimentary sequence.
Further information on the New Seaclem-1 Well is attached below.

Advent's goal is to drill to a total depth of 826 metres and to determine the presence of natural gas within the interpreted tertiary sandstone reservoirs of the Great White and Marlin prospects.  The New Seaclem-1 well is a wildcat well and will be the first ever exploration well to be drilled in the offshore Sydney Basin.

Previously, Tanvinh Resources has reported undiscovered prospective gas in place resource estimates for Great White of 1.16 Trillion cubic feet (Tcf) and for Marlin of 2.97 Tcf at the P50 or 'best estimate' level under Society of Petroleum Engineers (SPE) guidelines.

Additionally, an independent site survey contractor's analysis of site survey data over the Marlin and Great White prospects states that the geological sequence immediately above the interpreted Permo-Triassic unconformity is "likely" to contain zone(s) of gas.

Upon completion of the drilling of New Seaclem-1, Advent will increase its interest from 25% to 85% of PEP11.  Bounty Oil and Gas (ASX: BUY), who are free-carried through this drilling, will thereby reduce their interest from 75% to 15%.

]]> Boardroom Radio Interview with David Breeze tag:www.adventenergy.com.au,2010://1.72 2010-08-12T02:25:41Z 2010-08-12T02:44:24Z MEC Resources provides the opportunity to listen to an uadio broadcast with Mr David Breeze, Executive Director, in a presentation titled "MEC Resources Presentation at the Australian MicroCap Investment Conference - Mr David Breeze, Executive Director"To listen click this hyperlink...
To listen click this hyperlink http://www.brr.com.au/event/67604]]> Increase in Estimated Prospective Gas Resources for PEP11 Offshore Sydney Basin tag:www.adventenergy.com.au,2010://1.71 2010-07-06T00:57:35Z 2010-07-06T01:00:23Z 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...
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).
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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).

Mr Lan Nguyen of Tanvinh Resources is a professional petroleum geologist & engineer with over 20 years experience in petroleum exploration, development and production. He is the former Managing Director of ASX listed Mosaic Oil Limited and has been credited with the discovery and development of many oil and gas fields in the Surat-Bowen Basins through his innovative introduction of various exploration, drilling and completion technologies to Queensland and Australia.

Mr Tim Berge of Pangean Resources is an internationally recognized Geophysicist with over 30 years of experience. He is an industry expert in AVO (Amplitude Versus Offset), inversion, workstation interpretation, sequence and structural geology, reserves certification and risk assessment.  In 2000, Tim Berge was principally involved in the discovery of the Ibhubesi field on the west coast of South Africa, which has been described as comprising a 25 Tcf unrisked resource potential.

In addition to the above, Total Depth Pty Ltd, the company's Geophysical consultant, has identified AVO anomalies surrounding the major prospects and also identified new areas of interest arising from independent analysis of 1460 kilometres of recently reprocessed 2D seismic data (by Fugro Seismic Imaging).  While AVO methodology is a recognised methodology employed by major oil companies to identify exploration potential, the absence of any offshore well control to calibrate this analysis limited the use of this technology to the definition of areas of interest.  The extent of the AVO observations are set out in the attachment with this announcement. 

The AVO observations broadly correlate with locations of existing structures and leads such as the greater Fish prospect. Moreover, they provide corroboration with other data types collected during our assessment of the acreage.

Mr Jim Dirstein of Total Depth Pty Ltd has specialist expertise in the processing and analysis of seismic data for the exploration, appraisal and development of conventional and unconventional reservoirs. He has more than 30 years of international experience providing advice to Petroleum, CSG and Mining clientele. 

Advent has secured the semi submersible drilling rig, Ocean Patriot to drill an exploration well in PEP11 later in 2010.
]]> Advent Energy in Nine News feature: Gas mining plan off Sydney's coast tag:www.adventenergy.com.au,2010://1.70 2010-06-14T08:00:04Z 2010-06-14T08:23:58Z The Nine News feature Gas mining plan off Sydney's coast of Advent Energy was aired on 6 June 2010.... Elliot Gas mining plan off Sydney's coast of Advent Energy was aired on 6 June 2010.]]> ADVENT ENERGY CONTRACTS DRILLING RIG FOR PEP11 tag:www.adventenergy.com.au,2010://1.64 2010-04-20T00:42:52Z 2010-04-20T01:16:17Z MEC Resources (ASX:MMR) is pleased to advise that investee company Advent Energy Ltd ("Advent") has signed an agreement with Apache Energy Ltd and Diamond Offshore Drilling (Australia) LLC for the drilling rig Ocean Patriot. The Ocean Patriot has been contracted... MEC Resources (ASX:MMR) is pleased to advise that investee company Advent Energy Ltd ("Advent") has signed an agreement with Apache Energy Ltd and Diamond Offshore Drilling (Australia) LLC for the drilling rig Ocean Patriot.

The Ocean Patriot has been contracted to drill PEP11 in the Offshore Sydney Basin. PEP11 is being progressed with joint venture partner Bounty Oil and Gas (ASX: BUY).

An exact date for drilling is yet to be determined and is contingent upon pre-existing contracts between the other parties.  The range of dates to commence drilling in PEP 11 is within the third quarter of 2010, with operations currently planned for mid August and expected to take approximately 25 days.  

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Advent Energy Executive Director Mr David Breeze said the drilling program represents a significant development for natural gas exploration off the coast of New South Wales.

 "This project with be the first drilling rig to explore for natural gas off the coast of NSW, and represents a major step for the company and its shareholders" Mr Breeze said.

 

"It is a milestone for Advent Energy and joint venture partner Bounty. Sydney could be sitting on the doorstep of what could be a new and very large hydrocarbon province prospectively of global significance".

 

Following revision of newly reprocessed seismic data by Tanvinh Resources, a new target has been increased to prospect status and will be the first prospect drilled in PEP11.  The prospective P50 Original Gas In Place (OGIP) estimate is 6.09 Trillion cubic feet (P90 = 1.77 Tcf, P10 = 24.76 Tcf).

 

Further details regarding the drilling operations will be announced to shareholders and the market as they become available.

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