2012 Annual Report
Melbourne, Oct 12, 2012 AEST (ABN Newswire) - MEO Australia (
ASX:MEO) (OTCQX:MEOAY) 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.
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.
Highlights of the Year
- Expanded and consolidated exploration portfolio
- Further expanded technical and commercial capabilities
- Integrated international acquisitions
- Invested over A$28 million in new seismic surveys
- Acquired 3,752km2 3D seismic within permits and 666km2 3D seismic in adjacent permits
- Regained 100% unencumbered interest in Tassie Shoal projects
- Upgraded environmental approvals for Tassie Shoal LNG project
- Received expressions of interest for 8.3 MTA methanol offtake
- Prepared to drill first international well
View the Annual Report here:
http://media.abnnewswire.net/media/en/docs/ASX-MEO-380346.pdf
Contact
MEO Australia Limited
T: +61-3-8625-6000
F: +61-3-9614-0660
E: admin@meoaustralia.com.au
WWW: www.meoaustralia.com.au
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