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MEC Resources [ASX: MMR] - MEC Resources identifies new target at NSW offshore New Seaclem-1



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MEC Resources [ASX: MMR] - MEC Resources identifies new target at NSW offshore New Seaclem-1

MEC Resources (ASX:MMR) investee company Advent Energy Ltd (Advent) has advised of the development of exciting reservoir understanding following initial interpretation of drilling data from New Seaclem-1.

In the drilling of the New Seaclem-1 well, Advent has collected a considerable volume of valuable and new information about a previously unexplored area offshore the Australian east coast.

One of these discoveries is the identification of reservoir and seal pairs which consist of high porosity Tertiary sandstones along with several formational and intraformational seals.

The New Seaclem-1 location was chosen to test several large stratigraphic features and to collect information about several different depositional units.



The well logs from New Seaclem-1 show this sandstone unit to be:

1.

Greater than 40 metres thickness
2.

Average porosity of 30%.

Please see attached announcement for graphics and full details.

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

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