MEO Australia Limited
ASX:MEO ISIN:AU000000MEO1
The Company has assembled a portfolio of exploration, appraisal and development stage opportunities on the NW Shelf, the Ashmore Cartier and the Timor Sea regions in Australia, offshore North Sumatra, and on Madura Island, East Java in Indonesia and the Gulf of Thailand.
MEO has also attracted a high calibre Board of Directors and proven Executive, Technical and Commercial talent with a demonstrated track record of attracting and partnering with globally recognised industry participants.
MEO Australia is listed on the Australian Stock Exchange (ASX: MEO, OTC: MEOAY) and is headquartered in Melbourne, Australia.
News
MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) advises that the Share Purchase Plan (SPP) which closed Friday 12th October 2012 has raised $9.3 million. 1,181 shareholders participated in the SPP. MEO will issue 46.53 million new shares on Monday 22nd October 2012 and these shares will be eligible to commence trading from Tuesday 23rd October 2012. Holding statements will be dispatched on 23rd October 2012 to shareholders that participated in the SPP.
MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd. At 07:00 Darwin time on Tuesday 16th October, 216mm (8 1/2") hole had been drilled from 4,328m to 4,346mMDRT (metres Measured Depth below Rotary Table). A 12.6m core was cut from 4,346m to 4,358.6m MDRT and 10.3m recovered to surface. Mud weight was increased due to increasing background gas while coring. There have been no reportable incidents.
MEO Australia Limited (ASX:MEO) are pleased to provide a Company Presentation for the ASX Small to Mid Caps Conference October 2012.
MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) advises the following update in relation to the Gurame SE-1X well being drilled offshore North Sumatra in the Seruway PSC using the Hercules #208 drilling rig.
MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd. At 07:00 Darwin time on Friday 12th October, 216mm (8 1/2") hole had been drilled from 4,186m to 4,328mMDRT (metres Measured Depth below Rotary Table) and is interpreted to be in the Elang-Plover objective.
MEO Australia (ASX:MEO)is an ASX listed, independent oil and gas company focused on building a substantial Australian and international exploration and production business servicing the rapidly growing Asian energy markets.
MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd. Since the last report, a 26.7m core was cut from 4,068.5m to 4,095.2mMDRT (metres Measured Depth below Rotary Table) and recovered to surface. Based on palynology analysis of core chip samples, MEO believes the section cored is sandstone above the main Elang-Plover objective.
MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) advises the following update in relation to the Gurame SE-1X well being drilled offshore North Sumatra in the Seruway PSC using the Hercules #208 drilling rig.
MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) provides the following summary in relation to its activities during the quarter ended 30th September 2012.
MEO Australia Limited (ASX:MEO) (OTCQX:MEOAY) advises that the data room for the WA-454-P exploration permit which contains the Marina-1 gas and probable oil discovery and the sizeable Breakwater prospect will open on November 1st.
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