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Macallum New Energy Adds Major Oil Prospect and Targets Helium in EP-494

1:32pm on Friday 5th of June, 2026 AEST Energy
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Macallum New Energy Adds Major Oil Prospect and Targets Helium in EP-494

1:32pm on Friday 5th of June, 2026 AEST
Key Points
  • New Aberfeldy oil and gas prospect identified in EP-494
  • Three additional leads under evaluation
  • Barberton 3D seismic processing underway with results expected Q3 2026
  • WA legislation now permits hydrogen and helium exploration
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