MEC Resources Ltd (MECSF) Finansal

MEC Resources Ltd. is a pooled development fund, which engages in the investments in energy and mineral resources. The firm invests in a variety of industries including companies that are targeting potentially large energy and mineral resources projects. The company holds investments in two principal industries, namely neurotechnology, and oil, gas and hydrocarbon exploration and development. The company has a non-controlling interest in the energy explorer Advent Energy Ltd (Advent) of 38.27%. Advent is an oil and gas exploration and development company with onshore and offshore exploration and near-term development assets around Australia and overseas. Its assets include petroleum exploration permits PEP11 (85%) in the offshore Sydney Basin and retention license RL1 (100%) in the onshore Bonaparte Basin in the Northern Territory. The firm also holds a 0.125% interest in BPH Energy Ltd (BPH). BPH is a diversified investment holding company with investments in resources, medical and renewable hydrogen technology.