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KUTh Energy updates market March 11, 2010

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KUTh Energy (ASX: KEN) has recently unveiled a second geothermal inferred resource in Tasmania and appointed a new Chairman, Mr. Bruce McKay.

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Hunnu Coal to acquire additional thermal coal project in Mongolia March 10, 2010

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Hunnu Coal (ASX: HUN) has been granted an option to acquire an 80% interest in the Erdenes Thermal Coal Project (EL14733) which is located in the Dornogobi Province of south eastern Mongolia.

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Bow increases 3P certified reserves by 60% March 8, 2010

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Bow Energy Ltd (ASX:BOW) has announced 3P reserves of 871 petajoules (PJ) and 2C resource of 439PJ for its Comet CSG Field located approximately 250 km west of Gladstone, Queensland increasing Bow’s total net 3P Reserves by over 60% to 2,318 PJ.

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Mosaic Oil’s results and outlook for first half FY10 March 8, 2010

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Australian oil and gas producer Mosaic Oil NL (ASX: MOS) today released its Financial Report for the first half FY 2010.

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Advent Energy Ltd has commenced procurement offshore Sydney Basin February 26, 2010

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MEC Resources’ investee Advent Energy Ltd is pleased to advise that it has commenced procurement of long lead items and selected/awarded key service providers for the drilling of PEP 11 in the offshore Sydney Basin. (more…)

Mosaic Oil to Fracture Stimulate Churchie 1 Well February 18, 2010

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Mosaic Oil (ASX MOS) has awarded BJ Services a contract for the hydraulic fracture stimulation of its Churchie 1 well within the Churchie Field, PL 192, Surat-Bowen Basin, Queensland.

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Uranium targets confirmed at Kodibeleng Prospect, Botswana, for Impact February 10, 2010

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Impact Minerals Limited (ASX: IPT) reports that soil geochemistry results from its Kodibeleng prospect within its 100% owned Botswana Uranium Project have defined numerous significant uranium-in-soil anomalies up to 10 km long and 2 km wide.

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Clough Limited announces Joint Venture February 9, 2010

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Engineering and construction company Clough Limited (ASX: CLO) today announced the formation of the Clough Helix Joint Venture between Clough and Houston based subsea intervention and construction contractor Helix Energy Solutions Group to provide a range of subsea services to offshore operators in the Asia Pacific region.

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MEC Resources updates on PEP11, Sydney Basin February 1, 2010

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MEC Resources (ASX: MMR) provides an update on current developments regarding investee company Advent Energy Ltd and its progress towards undertaking a drilling program at PEP11 in the offshore Sydney Basin.

Highlights:

  • Reprocessing of 2004 2D seismic data acquired over PEP11 in the offshore Sydney Basin is nearing completion
  • Evaluation of the reprocessed seismic data for Direct Hydrocarbon Indicators (DHI) has commenced with evidence of Flat Spots
  • The reprocessing has validated existing drilling targets and identified further potential drilling targets
  • Drilling rig negotiations are at an advanced stage; drilling dates will be advised to the market in due course but the current planning is estimated for mid 2010

Click here to view the full announcement.

For further information, please contact:

David Breeze
Executive Director
MEC Resources Ltd
Tel: +61 8 9328 8477

Media Enquiries:
Bill Kemmery
Fortbridge Consulting
Tel: +61 2 9331 0655
Mobile: +61 400 122 449
Email: bill.kemmery@fortbridge.com

Quarterly Reports for Monaro, Voyager and Laguna January 29, 2010

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Monaro Mining (ASX: MRO), Voyager Resources (ASX: VOR) and Laguna Resources (ASX: LRC) have also released their Quarterly Reports for the period ending 31 December 2009.

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