MEO, Eni Extend Notice Dates for Heron Well

MEO, Eni Extend Notice Dates for Heron Well

MEO Australia Limited has agreed with Eni Australia Limited (Eni) to extend the notice dates under the NT/P68 Farm-in Agreement (FIA) for the second Heron well and the option for Eni to acquire an additional 25% participating interest in the Blackwood area to 29th August 2014.

MEO’s CEO and MD Jürgen Hendrich, commented on the announcement:
“These modest extensions provide the requisite time to complete the integration of the technical evaluation of the discovered resources and determine the appropriate next steps.”

[mappress]
Press Release, May 23, 2014; Image: MEO

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