ASX & Media Release Artemis-1 Progress Report No. 6 Key Points: Circulated 11.0ppg mud to stabilise over-pressured zone Drilled additional 40m to 2,976m Preparing to run and cement 9-5/8? casing MELBOURNE, AUSTRALIA (8th December, 2010) MEO Australia Limited (ASX: MEO; OTC: MEOAY) advises that since the last progress report, the over-pressured zone has been stabilised by circulating 11 ppg mud and an additional 40 metres has been drilled to 2,976m to enable the zone to be isolated behind 9-5/8? casing. As at 05:00 (Perth time) this morning, preparations were underway to run and cement the 9-5/8? casing. Current expectations are that drilling will resume on Friday 10th December.
MOG Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held