MEO, Eni extend notice dates for NT/P68 license

MEO Australia Ltd. has agreed with Eni Australia Ltd. to extend the notice dates under the NT/P68 farm-in agreement.

Offshore staff

MELBOURNE, Australia -MEO Australia Ltd. has agreed with Eni Australia Ltd. to extend the notice dates under the NT/P68 farm-in agreement for the second Heron well, and the option for Eni to increase its participating interest to 25% in the Blackwood area from Aug. 29 to Oct. 28.

MEO’s CEO and MD Jurgen Hendrich: “This further extension provides additional time for the operator to complete quantification of the discovered resources and determine its strategy in relation to these options.”

08/15/2014

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