MNE hold 100% of Petroleum Exploration Permit EP-494 and EP-511 on the under-explored eastern flank of the on-shore North Perth Basin.
MNE is a conventional gas play with a plan to technically advance our core prospects in the immediate future, whilst continuing to investigate underexplored areas in our permit.
Further upside exists with direct evidence that the Darling Fault Zone running through the property is a conduit for H2, He, and other associated gases.
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Natural gas potentialInternal and independent analysis has identified multiple prospects on the project suggesting the potential for a very large natural gas resource.