Fugro Completes Zeus 3D Seismic Survey, Offshore Australia

MEO Australia Limited  advises that Fugro Multi Client Services Pty Ltd completed acquisition of the Zeus 3D Marine Seismic Survey on 31 st October 2011.

MEO has committed to purchase 323 km 2 of the seismic survey covering 4 graticular blocks within exploration permit WA-361-P which fulfills its Permit Year 2 work commitment. MEO expects to receive the 3D pre-stack time migrated (PSTM) data sets by early May 2012.

WA-361-P participants 

• North West Shelf Exploration Pty Ltd (wholly owned subsidiary of MEO Australia)  50%
• Mineralogy Pty Ltd  35%
• Cue Energy Resources Limited (ASX: CUE)  15%

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Source:MEO Australia , November 2, 2011