Key Points: • Timeframe for submission of indicative offers has now closed • Process to complete binding transaction by 30th September remains on track MELBOURNE, AUSTRALIA (September 1st, 2009) - MEO advises that the period in which to submit indicative offers to farm-in to the Company’s WA-360-P permit has now closed. Indicative offers are being evaluated ahead of entering into further negotiations aimed at reaching a binding agreement. The Company remains on track to complete a farm-in transaction by 30th September as previously advised.
MEO Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held