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1/23/2012 - VERITAS VIKING II COMMENCES SURVEY FOR MEO AUSTRALIA |
| MEO Australia Limited advises that the S/R VERITAS VIKING II commenced acquisition of the 507 sq. km Zeppelin 3D seismic survey in AC/P50 & AC/P51 in the Ashmore Cartier region of the Timor Sea. The survey is scheduled to take approximately twenty three days to record.
AC/P50 and AC/P51 were purchased by MEO from Silverwave Energy in November 2010. The permits are in Permit Year 3 of the primary exploration term. The Zeppelin 3D seismic acquisition will fulfill the current year work obligation subject to receipt of regulatory approvals for a work program variation for AC/P51. |
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