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ASX & Media Release
Artemis-1 Progress Report No. 5
Key Points: Artemis-1 has been drilled to 2,936m An over-pressured gas zone encountered above the primary objective Well is presently circulating 11.0ppg mud to enable resumption of drilling operations
MELBOURNE, AUSTRALIA (6th December, 2010)
MEO Australia Limited (ASX: MEO; OTC: MEOAY) advises that since the last progress report, the BOPs have been run and tested. The 12- hole commenced drilling at 21:30 hrs (Perth time) on Friday 3rd December and has been drilled to a depth of 2,936m.
The well was shut in at 18:00 hrs on Sunday 5th December after encountering an over-pressured gas zone above the primary objective.
Present activity is circulating 11.0ppg mud to enable resumption of drilling operations including running the contingent 9-5/8 casing string before drilling ahead to the primary objective.