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ASX & Media Release
Completes acquisition of Zeppelin 2D seismic survey
Key Points:• Completed acquisition of Zeppelin 2D seismic survey in AC/P53 (MEO 100%)
• Acquisition advances Permit Year 2 work commitment of 150 km 2D into Permit Year 1
MELBOURNE, AUSTRALIA (18th January, 2012)MEO Australia Limited (ASX: MEO; OTC: MEOAY) advises that the S/R Veritas Viking II completed acquisition of the 170 km Zeppelin 2D seismic survey in AC/P53 in the Ashmore Cartier region of the Timor Sea (Vulcan sub-basin) at 21:02 (WST) on 17th January 2012.
CASH MAPLE
SWAN
PENGANA JABIRU
CHALLIS CASSINI
DELAM ERE
HALCYON
This survey included a tie line to the 507
km2
Zeppelin 3D survey over
part of AC/P50 and
AC/P51 which will
PUFFIN
SKUA
ECLIPSE
EAST SWAN A C / P 5 3
BIRCH
A C / P 5 0TALBOT
commence as soon as the Viking II
reconfigures streamers
for 3D acquisition.
SWIFT NORTH SWALLOW
PADTHAWAY BILYARA MONTARA LEEUWIN
A C / P 5 1Zeppelin 2D
170 line kmZeppelin 3D
507 km2
The combination of long offset 2D seismic in AC/P53 and 3D
seismic
in AC/P50 and AC/P51
MARET
CRUX (GAS)
TAHBILK
CRUX
0 25.00
will provide the technical basis for generating targets for consideration as potential future
LIBRA
kilometers
drilling candidates.
AC/P53 was awarded to MEO in July 2011. The Zeppelin 2D
seismic survey advances the Permit
Year 2 obligation to acquire 150 km long offset 2D seismic
into Permit Year 1.
Managing Director & Chief Executive Officer
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Completes acquisition of Zeppelin 2D seismic survey |