Macallum New Energy Limited (ASX: MNE) — Company Overview, News & Financial Data
Macallum New Energy Limited is an Australian oil and gas exploration company focused on the assessment and development of onshore energy assets in Western Australia.
Macallum New Energy Limited
Macallum New Energy Limited is an Australian oil and gas exploration company focused on the assessment and development of onshore energy assets in Western Australia. The company holds a 100% interest in two exploration permits, EP 494 and EP 511, situated in the Northern Perth Basin. Its operations involve seismic acquisition and geological surveys to evaluate potential hydrocarbon targets across its acreage. Additionally, the company holds application rights for Special Prospecting Authorities with Acreage Options across the Northern Perth Basin, Pilbara, and Great Southern regions to expand its regional resource footprint.
Snapshot
Operations
Products and/or services of Macallum New Energy Limited
- Exploration Permit 494: Onshore hydrocarbon exploration permit covering acreage in the Northern Perth Basin of Western Australia, featuring 117 square kilometers of three-dimensional seismic survey data collected across Jurassic structural leads to identify subsurface targets.
- Exploration Permit 511: Onshore energy exploration permit located in the Northern Perth Basin of Western Australia, surveyed with two-dimensional seismic lines to evaluate geological structures, assess subsurface hydrocarbon potential, and determine prospective drilling targets.
- Northern Perth Basin Acreage Options: Special Prospecting Authority with Acreage Option applications positioned in the Northern Perth Basin, securing prospective land positions for potential subsurface energy exploration and future resource assessment across Western Australia.
- Pilbara Region Acreage Options: Special Prospecting Authority with Acreage Option applications covering onshore territory in the Pilbara region of Western Australia, establishing preliminary exploration options across prospective hydrocarbon energy targets in the area.
- Great Southern Acreage Options: Special Prospecting Authority with Acreage Option applications covering land in the Great Southern region of Western Australia, designed to expand the regional exploration footprint and evaluate prospective onshore energy resources.
- Regional Seismic Survey Operations: Acquisition and processing of 70 kilometers of two-dimensional seismic survey data traversing energy exploration permit areas in Western Australia, providing subsurface imaging to support resource estimation and target definition.