The following table summarizes the tenement details associated with the 4 tenements
Table 1 – Approved Tenure Summary
| Project | Tenure | Initial Sub-Blocks |
Tenure Status | Grant Date |
Grant Term |
|
| Dingo | EPC1258 | 4 | Granted | 22-Oct-08 | 5 yrs | |
| Duaringa | EPC1401 | 83 | Granted | 29-Apr-09 | 3 yrs | |
| Nebo | EPC1538 | 105 | Granted | 28-Apr-09 | 5 yrs | |
| Marlborough | EPC1560 | 293 | Granted | 3-Jul-09 | 5 yrs | |
| Coppabella | EPC1044 | 132 | Agree to Purchase | 1-Mar-10 | 5 yrs | |
In addition to the above 4 approved tenements, MCG Resources have a number of
applications still in process.
Table 2 –Tenure Summary Subject to Approval
| Project | Tenure | Initial Sub-Blocks |
Tenure Status | Grant Date |
Grant Term |
Environmental Authority |
| Dysart | EPCA1456 | 13 | Competing Application | |||
| Duaringa | EPCA1529 | 20 | Competing Application | |||
| Nebo | EPCA1994 | 8 | Application | |||