ASX AND MEDIA RELEASESea floor geographical survey for Zeus-1...

ASX AND MEDIA RELEASE
Sea floor geographical survey for Zeus-1 location completed
Key Points:
• Geographic survey of Zeus-1 location sea floor survey completed
• Well planning and regulatory approvals proceeding to plan
• Songa Venus drilling rig scheduled to arrive on location 31st October
MELBOURNE, AUSTRALIA (August 22, 2008) -- MEO Australia Limited (ASX: MEO) is
pleased to advise that Fugro’s survey vessel the Southern Supporter has returned to port having
completed the geographic survey of the Zeus-1 well site in permit WA-361-P in the offshore north
Carnarvon Basin, Western Australia.
The recently completed survey by Fugro is designed to confirm the absence of anomalous features
on the sea floor, identify the seabed terrain and provide sufficient shallow geological data to enable
the safe and efficient anchorage of the Songa Venus semi-submersible drilling vessel.
The Department of the Environment, Water, Heritage and the Arts have advised this week that in
accordance with MEO’s EPBC Referral (2008/4351) together with some acceptable prescribed
procedural aspects, the drilling of Zeus-1 is not considered a controlled action under the EPBC Act.
Songa Offshore, the Operator of the Songa Venus drilling vessel has confirmed the drilling rig is on
track in its current work program which sees the vessel expected to commence set-up and drilling of
the Zeus-1 well targeting the multi-Tcf Zeus play around 31 October 2008.
Jürgen Hendrich
Managing Director & CEO
MEO Australia Limited
Operator of WA-361-P