MEO Provides Update on NT/P68 Permit (Australia)

MEO Provides Update on NTP68 Permit

MEO Australia Limited provides the following update with respect to activities being carried out by the permit operator, Eni Australia Ltd, in NT/P68.

Bathurst 3D Seismic Survey

The CGG Veritas seismic vessel, M/V Veritas Viking II commenced acquisition of the 698 km2 Bathurst 3D Seismic Survey on 3rd December 2011. The survey, over the Blackwood East area of the permit was 52% complete as of 19th December with a total of 363 km2 of full fold 3D coverage recorded.

Heron-3 Timing Update

The 15th December 2011 Ensco plc Fleet Status Report indicates that the handover of the Ensco 109 jack-up drilling rig to Eni for drilling of the Heron-3 well is expected to occur in June 2012. The new handover date reflects the later end date of the work program underway by the current rig contractor.

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LNG World News Staff, December 22, 2011

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