Certainly, Upon the termination of the Managing Director late in...

Certainly,
Upon the termination of the Managing Director late in 2016, the Company has moved quickly to ensure the necessary petroleum activities within Advent Energy's petroleum titles are undertaken.
Minev Services is assisting to progress the 2D seismic survey offshore NSW in PEP11. This is anticipated to be undertaken in approximately 3Q this year. Environment Plan development and stakeholder consultation (a key component of the NOPSEMA approval process) is underway.
Geoteknic is assisting to develop the well intervention program in the onshore Bonaparte Basin. Upon regulatory approval from the WA DMP, the Waggon Creek-1 and Vienta-1 wells will be re-entered with the aim of improving the commercial potential of these reservoirs that have already flowed gas to surface at rates of 1.3 MMscf/d and 2.1 MMscf/d respectively.
Unfortunately the actions of the former MD and his associated companies continue to distract MEC Resources and its shareholders. The Company is mindful of keeping legal costs down whilst also protecting its interests and those of shareholders.