MEO to buy Timor Sea permits

MEO Australia has extended its foothold in northern Australia with an agreement to acquire 100% of Silver Wave Energy's AC/P50 and AC/P51 permits in the Ashmore Cartier region of the Timor Sea.

MEO to buy Timor Sea permits
MEO to buy Timor Sea permits
MEO to buy Timor Sea permits
MEO to buy Timor Sea permits
MEO to buy Timor Sea permits

The company will acquire the permits for $US270,000 ($A274,000), payable on receipt of regulatory approvals for the equity transfer.

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