Mineral Resources Limited (AU:MIN) has released an update.
Mineral Resources Limited has announced significant discoveries in Western Australia with the Lockyer Gas Project boasting a 435 petajoule contingent gas resource and the Erregulla Oil Project revealing a 31.6 million barrels oil resource, marking some of the largest onshore finds in the region. The company is actively considering development and partnership strategies to maximize shareholder value from these assets. These projects showcase MinRes’ potential to enhance its portfolio in a prime resources jurisdiction, with further exploration targets in the Perth and Carnarvon basins.
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