MEC Resources Limited (MMR.AX)
MEC Resources Limited operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in South Perth, WA, AU. The stock last traded at $0.00, up 0.00% on the session, giving a market capitalisation of $3.7M. Its beta of 0.50 implies it has historically moved less than the broad market.
MEC Resources Limited is an Australian company dedicated to the exploration and development of oil and gas, operating through its various subsidiaries. The firm holds complete ownership of two permits in the onshore Bonaparte basin: EP386 in Western Australia and RL1 in the Northern Territory. Additionally, it commands an 85% stake in the PEP11 petroleum exploration permit, located in the offshore Sydney basin. The company was established in 2005 and maintains its principal office in South Perth, Australia.
MEC Resources Limited is most often compared with the following Energy names: