During the quarter, MEO executed its option over a drilling rig which is expected to drill Artemis-1 in late 2010, and is finalising the necessary contracts in relation to this drilling rig. A site survey involving the acquisition of side-scan sonar over the Artemis-1 location commenced during the quarter and was completed subsequent to the end of the quarter
MOG Price at posting:
11.0¢ Sentiment: None Disclosure: Held
