MEO 0.00% 0.0¢ meo australia limited

just love the capping of 14 to 16k units going through...

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    just love the capping of 14 to 16k units going through today..

    from eni's annual report released yesterday. not much but at least nt/p68 50% is past tense:

    Australia and Oceania
    Eni’s operations in Australia and Oceania area are conducted mainly in Australia. In 2012, the area of Australia and Oceania accounted for 2% of Eni’s total worldwide production of oil and natural gas.

    Australia. Eni has been present in Australia since 2001. In 2012, Eni’s production of oil and natural gas averaged 36 kBOE/d. Activities are focused on conventional and deep offshore fields.

    Exploration and production activities in Australia are regulated by concession agreements, whereas in the cooperation zone between Timor Leste and Australia
    (Joint Petroleum Development Area- JPDA) they are regulated by PSAs. The main production blocks in which Eni holds
    interests are WA-33-L (Eni’s interest 100%), JPDA 03-13 (Eni’s interest 10.99%) and JPDA 06-105 (Eni operator with a 40% interest). In the appraisal and development phase Eni holds interests in NT/P68 (Eni’s interest 50%) and NT/P48 (Eni’s interest 32.5%). In addition, Eni holds interest in 9 exploration licenses.
 
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