MEO 0.00% 0.0¢ meo australia limited

2 conventional sandstone gas discoveries in 2008• Sufficient gas...

  1. 3,559 Posts.
    2 conventional sandstone gas discoveries in 2008
    • Sufficient gas resource to underpin first methanol plant
    • Further appraisal drilling planned for late 2008
    • Seeking farm-in partner to fund further appraisal drilling and GTL project FEED
    • Casting basin site selection process underway (GBS
    construction)
    • Production possible late 2012 Currently confirming gas resources to supply GTL Projects
    – Gas discoveries in NT/P68
    – Advancing highly prospective NW Shelf permits
    – Active drilling program over coming 12 months funded by new farm-in partners
    • Continue to refine & develop globally competitive LNG and methanol projects
    • MEO remains on-track to becoming a substantial integrated upstream & GTL company

    Angers
 
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