MEO Australia Announces Artemis-1 Progress Report

MEO Australia Limited advises that since the last progress report, final logs were acquired and abandonment operations commenced.

The proximity of a Tropical Low, with the potential to develop into a cyclone, necessitated the de-manning of all personnel from the Songa Venus rig starting on Tuesday 14th December.

Re-manning of the rig commenced on Friday 17th December and abandonment operations were re-started on Sunday 19th December.

Abandonment operations are continuing and the rig is expected to be released over the coming weekend.

[mappress]

Source: MEO Australia, December 22, 2010;

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