MEO agrees to extend Second Heron Well Notice Date Key Points:
• MEO agrees to extend Second Heron well Notice date to 1st March 2013 MELBOURNE, AUSTRALIA (13th February, 2012)
MEO Australia Limited (ASX: MEO; OTCQX: MEOAY) advises that it has agreed to extend the second Heron well election deadline to 1st March 2013.
Under the terms of the NT/P68 Farm-in Agreement (FIA) dated 17th May 2011, Eni had 60 days from the completion of the Heron South-1 well (14th December 2012) to elect whether to drill a second Heron well or withdraw from the Heron Area of the permit (refer figure 1).
MEO Price at posting:
8.9¢ Sentiment: Hold Disclosure: Held
