Advent's major shareholders include MEC Resources, BPH Energy (ASX:BPH), Talbot Group Investments and Grandbridge (ASX:GBA).
Advent has advised that its contracted workover rig and production testing equipment have now arrived on site at EP 386 in the Bonaparte Basin. Operations are anticipated to commence on Sunday 25 September 2011 and are expected to continue for approximately six weeks.
About BPH Energy Limited
BPH Energy Limited (ASX:BPH), (previously BioPharmica Limited), is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.
The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.
BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.
MEC Resources Limited
BPH Energy Limited