MMR mec resources limited

set to explode off the blocks this morning, page-10

  1. 303 Posts.
    NXS is best for next few weeks...

    see the Announcement

    Longtom gas project
    Offshore system ready for first gas
    Nexus Energy Limited (“Nexus”) is pleased to advise that the TSMarine Rem Etive dive support
    vessel has completed all hook-up activities for the pipeline and control systems for the Longtom
    gas project (VIC/L29) in the Gippsland Basin offshore Victoria. The total offshore system has
    been completed and tested, and gas production is anticipated to commence in the coming
    week following co-ordination of start-up with Santos Ltd’s (“Santos”) onshore Orbost gas plant.
    A further announcement will be made once gas production has commenced.
    Nexus’ managing director Ian Tchacos said, “we are very pleased with the work undertaken by
    the Rem Etive and associated contractors to complete the final hook-up of the Longtom project
    in a safe and efficient manner. We now look forward to working with Santos to co-ordinate
    start-up of the gas production for the project”.
    Susan Robutti For further information please contact:
    Company Secretary Ian Tchacos - Managing Director
    Ph: +61 3 9660 2500
    Jodie Phillips - Investor Relations Manager
    Ph: + 61 3 9660 2500
 
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Mkt cap ! $9.248M
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