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MEO Australia provides update on Heron South-1 progress


Published Dec 7, 2012
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MEO spuds the Heron-2 well

MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd (Eni).

Since the last report the second of the two planned production test programs has been run.

Drill Stem Test (DST) #2 flowed gas to surface. Gas composition analysed by chromatograph is approximately 25% CO2. The information from both DST's together with the observations made whilst drilling the well will be reviewed to determine the forward plans for the Heron area.

MEO's CEO and MD Jürgen Hendrich commented on the announcement, 'Heron South-1 has confirmed the presence of gas in the Elang Plover reservoir significantly deeper than MEO's pre-drill expectations and discovered gas in the Frigate formation above the main objective.

Tags: MEO Australia Limited



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