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MARATHON RESOURCES LIMITED

ASX: MTN

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Description

Marathon Resources Limited is an emerging gas company focussed on developing its Leigh Creek Energy Project, located within PEL 650 at Leigh Creek in central South Australia.

The LCEP intends to extract the energy in coal via in-situ gasification methods to produce methane for sale into the nearby eastern Australian gas pipeline network. Gas marketing is underway and appraisal drilling of coal at Leigh Creek is expected during the September quarter of 2015.

MTN also holds a number of exploration license applications (Mining and Petroleum), however all of these tenements are at an early stage of evaluation.

Mine For

coal, gas

Location of operation(s)

South Australia

Address

235 Port Rd
HINDMARSH, SA, AUSTRALIA

Phone

(61 8) 8348 3500

Email

Website


Last Updated

18/6/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

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