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MMR

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0.4¢ mec resources limited

PEP11 Project Receives Media Coverage, page-4

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cuppa

9,399 Posts.

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20/07/17

12:45

Post #: 25980882
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Originally posted by kellbys ↑

Not long now till things start to move forward....

"Asset Energy is anticipating commencing its seismic campaign during third quarter 2017. It is expected that campaign will run for three to four days."

"The survey will acquire high resolution 2D seismic data over the Baleen prospect, and will evaluate (amongst other things) shallow geohazard indications including shallow gas accumulations that can affect future potential drilling operations."

"Advent has also advised that it has sourced a suitable provider of navigation services to ensure a seamless integrated 2D seismic survey is performed. A suitable contract for these services will be developed prior to commencement of the planned survey."

"Advent Energy has engaged Minev Services to support achieving (in the first instance) the 2D seismic work commitment in PEP11. We are also very enthusiastic in supporting an expedited 3D seismic survey to ensure the key targets in PEP11 are sufficiently de-risked to be ‘drill-ready’ at the earliest opportunity."

Heres hoping they locate some good indicators.

Held this stock from .06c last time they drilled PEP11. Ran all the way to $1.06 if i remember rightly. Much more professional management team on board this time round.

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That's true about management,but the market is a lot different than then to.

MMR Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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