ASX & Media ReleaseArtemis-1 Progress Report No. 3Key Points:...

ASX & Media Release
Artemis-1 Progress Report No. 3
Key Points: Songa Venus arrived at Artemis-1 location at 03:10 hours (WST) on Tuesday 23rd November Artemis-1 expected to spud late Wednesday 24th November
MELBOURNE, AUSTRALIA (24th November, 2010)
MEO Australia Limited (ASX: MEO; OTC: MEOAY) advises that since the last progress report, the Songa Venus semi-submersible drilling rig completed its journey and arrived at the Artemis-1 location at 03:10 hours (Perth time) on Tuesday 23rd November.
All anchors have been run and the rig has been ballasted down to drilling draft. Preparations to commence drilling operations are continuing and Artemis-1 is expected to spud this evening.
The next weekly progress report is planned for release on 1st December.