MEO Australia Ltd (ASX: MEO; OTCQX: MEOAY) has agreed to further extend the deadline date for Eni to elect to drill a second Heron well offshore of Australia’s Northern Territory.
Herndon well location off Australia
Offshore staff
MELBOURNE, Australia – MEO Australia Ltd (ASX: MEO; OTCQX: MEOAY) has agreed to further extend the deadline date for Eni to elect to drill a second Heron well offshore of Australia’s Northern Territory. The deadline is extended from March 1 to March 22.
Discussions are under way for a longer deferral to allow for additional studies to be completed on the Timor Sea holdings by thejoint venture.