Macallum New Energy Limited | ABN 20 628 953 122 11 Moreau Mews, Applecross WA 6153 1 E: [email protected] | www.macnewenergy.com.au ASX Announcement 06 October 2026 EP 494 Prospective Resources Update Gadee Prospect Mean Prospective Gas Resource Increased by 70%1 ...
EP 494 Prospective Resources Update
Filed with ASX · · 12 pages · English
Summary by 6ix AI
The Gadee East and Gadee West prospects have shown a notable increase in mean prospective gas resources, while the Barberton Terrace Deep prospect remains a key focus for future drilling activities. The company plans to initiate a farmout process to find a joint venture partner for drilling in the second half of the upcoming year, aiming to advance its exploration efforts in the North Perth Basin.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
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Earlier from Macallum New Energy
- Maiden Prospective Resource Estimate - Aberfeldy Prospect
- Successful Completion of Condor 2D Seismic Survey
- EP-494 Prospectivity Update and Presentation
- Commencement of Condor 2D Seismic Survey
- Successful Completion of Barberton 3D Seismic Survey
Later from Macallum New Energy
- Commencement of Farm-Out Process for EP 494
- Trading Halt
- A$3M Placement to Progress Perth Basin Drilling Programme
- Quarterly Activities / Appendix 5B Cash Flow Report
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