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Macallum New Energy Raises A$7.4M, Advances Perth Basin Seismic Surveys

9:18am on Friday 24th of April, 2026 AEST Energy
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Macallum New Energy Raises A$7.4M, Advances Perth Basin Seismic Surveys

9:18am on Friday 24th of April, 2026 AEST
Key Points
  • Raised A$7.4 million in February ASX listing
  • Barberton 3D seismic survey 66% complete targeting Jurassic gas leads
  • Condor 2D seismic survey approved and scheduled for May 2026
  • Seismic processing contract awarded to Velseis Processing Pty Ltd
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