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mermaid marine update

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    Things are starting to hot up here

    It was announced that Petrobras would be assisting MEO with exploration and drilling of the Artemis field

    The Artemis prospect could contain up to 12 trillion cubic feet of gas

    It was announced that Woodside would be assisting CUE with exploration and drilling of the Caterina field

    The Caterina prospect could contain proved and probable in place gas volumes of 10.7 trillion cubic feet,

    Both of these fields are located between the Wheastone and Pluto gas fields

    There is no doubt in my mind that Mermaid Marine Australia will be involved in each one of these projects

    The new contract with Geokinetics should have began earlier this month

    Mermaid tendered for a contract on the Kipper project in Bass Strait in late March

    Normally takes about six weeks for confirmation of winning of these sorts of projects

    Should not be too long before we hear something



 
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