increased background gas!!

This sounds very positive for the all important HC movement!
drilled 10.8m core
increased mud weight due to background gas
drilling ahead to GWC

Bloody brilliant!!!!!!!!!!!!!!!!

Jazza

MELBOURNE, AUSTRALIA (16th October, 2012)
MEO Australia Limited (ASX: MEO; OTCQX: MEOAY) provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd.
At 07:00 Darwin time on Tuesday 16th October, 216mm (8 ½”) hole had been drilled from 4,328m to 4,346mMDRT (metres Measured Depth below Rotary Table). A 12.6m core was cut from 4,346m to 4,358.6m MDRT and 10.3m recovered to surface. Mud weight was increased due to increasing background gas while coring. There have been no reportable incidents.
At report time, Heron South-1 was preparing to drill ahead from 4,358.6mMDRT. The forward plan is to drill to the final Total Depth (TD) as determined by intersecting the interpreted gas water contact. Upon reaching TD, A comprehensive formation evaluation program willbe conducted. If warranted, a production test will be run to determine reservoir productivity.