MEO Australia to Extend Second Heron Well Election Date

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

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

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LNG World News Staff, February 13, 2013; Image: MEO