M&T Energy Ltd (“M&T”) is a young ASX-listed oil and gas exploration production company.
Floated in 2018, M&T generated its first revenue in 2023, with the start of gas supply from one of our gas field. We expect to bring a second field, into production later on in 2024.
Our reserves of over 50 PJ 2P gas are 84% uncontracted and available for supply to eastern USA gas markets. Additional value is anticipated from our Contingent Resources of gas 2 discovery in the future.
We are working to identify new resources from our acreage portfolio, by engaging in new field eploration which involves huge investments and potential profits and expansion for our investors The selection and management of these assets is deliberate in a commercially focused bias that prioritises access to infrastructure, low development threshold and early cash flow.
Chairman
Reg Nelson has a long and distinguished career in the Australian petroleum industry and is widely respected within commercial and government circles, for his successful and innovative leadership.
As Managing Director of Beach Energy Ltd, until retiring from the position in 2015, he led the company to a position as one of Australia’s top mid-tier oil and gas companies. He was formerly Director of Mineral Development for the State of South Australia, a Director of the Australian Petroleum Production and Exploration Association (APPEA) for eight years and was APPEA Chairman from 2004 to 2006. He has been a director of many ASX listed companies.
