MEO Australia announced that it has executed binding agreements subject only to normal regulatory approvals, with Finder Exploration to farmin to the NT/P79 exploration permit in the Joseph Bonaparte Gulf. NT/P79 covers an area of 6,415 km 2 and is located between MEO’s existing NT/P68 (50%) and WA-454-P (100%) permits. The permit is currently in [...]
MEO Australia provided update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd (Eni). Since the last report, in accordance with pre-drilling plans, the well was plugged and abandoned at the conclusion of production testing. The rig was released from the drilling location at 04:30 hrs on 14th December. MEO’s [...]
MEO Australia requested a trading halt of its shares for up to 2 days effective immediately pending an announcement regarding production testing the upper zone of interest in the Heron South-1 exploration well in NT/P68. For the purposes of ASX Listing Rule 17.1, MEO provided the following information: the trading halt is necessary as otherwise [...]
MEO Australia provided update in relation to Gurame SE- 1XST being drilled in the Seruway PSC, offshore North Sumatra. Since the last report the 7” liner has been drilled out with a 6” bottom hole assembly from 2,961mMDRT to 3,145mMDRT. High background gas readings were noted from thin sands within the Lower Baong shale with [...]
MEO Australia provided update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia. Since the last report the first of the two planned production test programs has been completed. Drill Stem Test (DST) #1 of the Elang-Plover reservoir was performed through a 114mm (4½”) slotted liner. The flow rate was too [...]
November 28, 2012 | Posted in
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MEO Australia provided update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia. Since the last report the 178m (7”) liner has been cleaned out, a 114mm (4½”) slotted liner has been installed to 4,453.5mMDRT and the well has been displaced to brine. The forward plan is to install the production [...]
MEO Australia announced update in relation to Gurame SE-1XST being drilled in the Seruway PSC, offshore North Sumatra. Since the last report, wireline logging operations were completed over the Baong sands. A 7” liner was run and cemented to 2,961mMDRT. At 0200 hrs (local time) the rig was running in hole preparing to drill out [...]
MEO Australia has provided update in relation to the commercialisation of the first Tassie Shoal Methanol Plant. Reports recently commissioned from major international engineering firms Davy Process Technology, WorleyParsons and Arup to assess the technology basis and provide updated development costs estimates for TSMP1 for a range of feedstock gas qualities have been received. The [...]
November 16, 2012 | Posted in
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MEO Australia provided an update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia. Since the last report the 178m (7”) liner has been cemented in place to 4,255mMDRT. The forward plan is to clean out the wellbore prior to installing a 114mm (4½”) slotted liner. Eni has advised that it [...]
November 14, 2012 | Posted in
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MEO Australia announced that it has received the final reports recently commissioned to assess the technology basis and provide updated development cost estimates for the Tassie Shoal LNG Project (TSLNG). The reports were commissioned from major international engineering firms WorleyParsons and Arup, with input from APCI. The TSLNG cost estimate is an overall capital spend [...]
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