Scandoil  
Skip Navigation

Petrofac elects not to acquire Tassie Shoal stake


Published Jul 4, 2011
E-mail Print

MEO Australia provides Heron-2 well update

MEO advised that Petrofac Energy Developments has elected not to exercise its option to acquire 5% interest in NT/P68 & Tassie Shoal Projects.

The option, which expired on June 30, 2011, was granted to Petrofac in October 2009. At this time Petrofac agreed to withdraw from the NT/P68 Permit and terminate the partially fulfilled farm-in agreement.

As a result of Petrofac's election, MEO has retained its undiluted interest in NT/P68 for which binding agreements were executed with Eni Australia Ltd (Eni) on May 17, 2011.

Tags: MEO Australia Limited




   

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories
Tim Dodson; VP for global exploration, Statoil
Statoil reports upgraded volumes in Brazilian pre-salt discoveries May 25, 2012 Statoil together with operator Repsol Sinopec and partner Petrobras confirm the significant potential of the pre-salt block BM-C-33 in the Campos
Rocksource provides 2008 year-end production target
Rocksource reports drilling decision on PL 506s, BS and CS May 25, 2012 Rocksource ASA report that the partnership in PL 506S, BS and CS on the Norwegian Continental Shelf has decided to drill an exploration well in the
Armour Energy Ltd
Armour Energy provides Holdgate-1 well update May 25, 2012 Armour Energy Ltd (AJQ) wishes to provide an update in relation to the Holdgate-1 well in PEP166, located onshore in the Gippsland Basin, Victoria.
Pan Orient Energy Corp.-2
Pan Orient to sell Thailand concessions L44/43, L33/43 and SW1 May 25, 2012 Pan Orient Energy Corp. has entered into an agreement for the sale of its operated 60% interest in Thailand Concessions L44/43, L33/43 and SW1

[ In News ]

Statoil strengthening increased recovery from subsea wells
Bandak Group will produce connector systems for Aker Solutions'
Pioneering Prelude FLNG project initiated at Drydocks World
Damen Shipyards launches new Crane Barge 6324 design
IMV Projects hires process engineering manager with exceptional industry expertise

 

 

 

 

 


RSS
RSS
Newsletter
Newsletter
Mobile News
Mobile news
Computer
Our news on
your website

Facebook
Facebook
Twitter
Twitter
Contact
Contact
Tips
Do you have any
tips to us

 

About us | Contact | Privacy |  Terms | 
Editor: Michael Rogers
Copyright 1973-2012. Scandinavian Oil-Gas Online. ISSN 1500-709X. 
Tel: +47 22 44 72 70, Fax: +47 22 44 72 87

sitemap xml