MNE is an oil and gas exploration company focused on the assessment and future development of its two 100% owned exploration permits, being EP 494 and EP 511, located in the onshore Northern Perth Basin in Western Australia.
MNE has an experienced Board and management team with a broad range of oil and gas, project development, corporate finance and technical skills in the resources and oil and gas industry. Our team independently has successful track records in leading and growing major ASX listed companies, value accretive mineral exploration and successful project development.
MNE is the 100% owner of EP 494 and EP 511 in the onshore Perth Basin.
In 2026, MNE acquired 117km2 of new 3D seismic over two Jurassic leads in EP 494 and 70km of 2D seismic across EP 511 and the southern section of EP 494.
Following interpretation of the new 2D and 3D surveys, the MNE portfolio now has a Mean Prospective Gas Resource of more then 2,500 PJ gas and 92 MMbbl oil. The Barberton 3D seismic survey has materially de-risked the key targets considered for drilling in the Q4 CY 2027 drilling campaign.
In addition to the Projects, the Company has also applied for three additional SPA / AOs (Special Prospecting Authority with Acreage Option) in the Northern Perth Basin and Pilbara and Great Southern areas.
