Eni Gets More Time to Decide on Second Heron Well (Australia)

MEO Australia Limited advises that it has agreed to extend the second Heron well election deadline to 1st March 2013.

Under the terms of the NT/P68 Farm-in Agreement (FIA) dated 17th May 2011, Eni had 60 days from the completion of the Heron South-1 well (14th December 2012) to elect whether to drill a second Heron well or withdraw from the Heron Area of the permit.

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Press Release, February 13, 2013