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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Kea Farms Out with MEO to Boost Puka Production

Meo Australia Ltd. Kea Petroleum Plc
AnnouncedApr 7, 2014
TypeFarm-In/Farm Out
LocationNew Zealand Shale
Announced Date
April 07,2014
Close Date
April 24,2014
Transaction Type
Farm-In/Farm Out




Snapshot
Asset/Basin:
{"Taranaki Basin"}
TargetZones:
{"Mount Messenger fo
Location
Region
Austral-Asia

Country
Australia

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Transaction Details:  Subscribe to see

Kea Petroleum plc has announced that it has entered into a Farm-Out Agreement with MEO Australia Ltd in respect of PEP 51153, including the Puka discovery.

MEO is an ASX-listed independent oil and gas company with a portfolio of exploration and appraisal projects located offshore Northern Australia and Indonesia.

NZ$14m staged work programme with MEO to boost production and further appraise Puka.

Phase 1: MEO firm commitment of NZ$4m to earn a 30% interest with a work program consisting of:

the workover of both existing Puka wells to boost production; the drilling of a new well from the…



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