MEO cleared to drill Artemis

The Western Australian Department of Mines & Petroleum has authorized MEO Australia to drill the Artemis-1 exploration well in offshore permit WA-360-P.

Offshore staff

MELBOURNE -- The Western Australian Department of Mines & Petroleum has authorized MEO Australia to drill the Artemis-1 exploration well in offshore permit WA-360-P.

It has also accepted MEO’s Well Operations Management Plan. This is the final regulatory approval in relation to drilling of the well.

MEO expects to receive the designated rig around mid-November, depending on operational progress on its current well for Shell.

Following handover, the rig will be towed to the Artemis-1 location. This should take around seven days.

10/25/2010

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