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NT/P68 Farmin Agreement Notice Dates Extended

Source: www.gulfoilandgas.com 5/23/2014, Location: Not categorized

MEO Australia Limited has agreed with Eni Australia Limited (Eni) to extend the notice dates under the NT/P68 Farm-in Agreement (FIA) for the second Heron well and the option for Eni to acquire an additional 25% participating interest in the Blackwood area to 29th August 2014.

MEO’s CEO and MD Jürgen Hendrich, commented on the announcement:
“These modest extensions provide the requisite time to complete the integration of the technical evaluation of the discovered resources and determine the appropriate next steps.”

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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