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MEC RESOURCES LIMITED — Board/Management Information 2021
Feb 9, 2021
65353_rns_2021-02-09_e6bc2c2b-313a-416c-9743-ee698a5be5b9.pdf
Board/Management Information
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ASX ANNOUNCEMENT
10 February 2021
ADVENT ENERGY LTD - APPOINTS CONTRACTS MANAGER FOR BALEEN WELL
Mr Andrew J Hogan BA (Mod) MSc
MEC Resources Limited ( “MEC” or the “Company” ) (ASX: MMR) highlights the following information provided by its investee company Advent Energy Ltd ( “Advent” ) in relation to the appointment of Mr Andrew Hogan as Contracts Manager for Advent for its PEP 11 Baleen well project in the Offshore Sydney Basin.
Mr Hogan holds geoscience degrees from Trinity College Dublin and National University of Ireland, Galway and comes with over 30 years of operational and commercial experience in the upstream sector of the energy industry. Prior to relocating to Perth in 2009 he spent 18 years based in Aberdeen working in the UK sector of the North Sea.
He is well known in the drilling and completion community across Australia and New Zealand, having spent 24 years with one of the major oilfield service companies and 5 years with a major global offshore drilling contractor and will bring his experience to bear to assist and advise the board of Advent in the procurement of key equipment and services for the safe and efficient drilling of the Baleen well in PEP 11.
The upcoming Baleen well plays a key role in the portfolio of Advent as new gas resources are urgently required to meet domestic demand in the South and East of Australia.
The well also has the potential to play an important role in the transition to net zero carbon emissions as it will be evaluated for future use as part of an East Coast Carbon Capture and Storage program, complementing similar projects underway in Victoria and elsewhere.
David Breeze (Director) authorised the release of this announcement to the market.
About Advent Energy Ltd
Advent Energy Ltd is an unlisted oil and gas exploration company held by major shareholders, MEC Resources Limited (ASX: MMR), BPH Energy Limited (ASX: BPH) and Grandbridge Limited. Advent holds a strong portfolio of near-term development and exploration assets spanning highly prospective acreage onshore and offshore Australia in proven petroleum basins. Advent asset base also incorporates both conventional and unconventional petroleum targets.
MEC Resources Ltd
ACN 113 900 020 Level 1, 9 Bowman Street, South Perth WA 6151 T: +61 8 9217 2400 [email protected] www.mecresources.com.au