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MEO Australia provides the final update in relation to Blackwood-2 being drilled in NT/P68

MEO Australia Limited provides the final update in relation to Blackwood-2 being drilled in NT/P68, operated by Eni Australia Ltd (Eni).

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MEO Australia - NT/P68 (Blackwood/Heron)

MEO Australia Limited provides the final update in relation to Blackwood-2 being drilled in NT/P68, operated by Eni Australia Ltd (Eni).

Since the last report, in accordance with pre-drilling plans, the well was plugged and abandoned following conclusion of production testing. The rig was released from the drilling location at 14:45 hrs (local time) on 3rd January 2014.

The drilling of Blackwood-2 was an obligation under the NT/P68 Farm-in Agreement (FIA) dated 17th May 2011 between Eni and MEO. Under the FIA and subsequent amendment, MEO's 50% participating interest share of the well costs were fully carried.

Tags: MEO Australia Limited