MEC Resources (ASX:MMR) Seeks Judicial Review of PEP-11 Permit Denial
Legal Action for PEP-11 Permit Extension
MEC Resources Limited (ASX:MMR) announced that its investee Advent Energy Ltd is seeking a judicial review of the Federal Government’s decision to refuse the extension of the PEP-11 permit. Advent, through subsidiary Asset Energy Pty Ltd, has applied to the Federal Court to challenge the Joint Authority’s refusal to vary and extend the permit conditions.
Application Details
The Originating Application requests the court to quash the decision, declare it void, and remit the applications for reconsideration. Asset Energy has lodged the appeal on behalf of PEP11 Joint Venture Partners, including Bounty Oil and Gas NL (ASX:BUY).
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