Offshore staff
MELBOURNE, Australia – MEO Australia (ASX: MEO; OTCQX: MEOAY) has regulatory approval to alter work programs on the AC/P50 and AC/P51 permits offshore northwest Australia.
The company is the sole concession holder in both permits.
For AC/P50, the discretionary well obligation has now been transferred into the final permit year starting April 21, 2014.
As for AC/P51, the previous commitment to 2D seismic acquisition has been replaced by 174 sq km (67 sq mi) of multi-azimuth 3D seismic processing.
4/30/2013
