Company Details
Name:
Macallum New Energy
Address:
11 Moreau Mews
Applecross, Western Australia
Applecross, Western Australia
Website:
Company Profile
Macallum New Energy is an oil and gas exploration company leading the next wave of exploration of the Perth Basin and future development of its 100% owned exploration permits, EP 494 and EP 511, located in the onshore North Perth Basin in Western Australia (the Projects).
MNE offers a rare opportunity to participate in the exploration for gas in the multi-Tcf onshore Perth Basin Kingia play as well as oil and gas in the proven Jurassic play. The Projects host a portfolio of mature prospects that have been de-risked through new seismic data and the execution of a technically focussed work program. The Company is seeking to drill two exploration wells in late 2027.
With a strong management team, MNE are set to explore some of the largest undrilled gas prospects in the Perth Basin and are strategically positioned to address Western Australia’s tightening domestic gas market.
MNE offers a rare opportunity to participate in the exploration for gas in the multi-Tcf onshore Perth Basin Kingia play as well as oil and gas in the proven Jurassic play. The Projects host a portfolio of mature prospects that have been de-risked through new seismic data and the execution of a technically focussed work program. The Company is seeking to drill two exploration wells in late 2027.
With a strong management team, MNE are set to explore some of the largest undrilled gas prospects in the Perth Basin and are strategically positioned to address Western Australia’s tightening domestic gas market.
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