Meridian Petroleum Plc

NEW, Meridian Petroleum Plc is seeking strategic alternatives for its Dolores prospect in Australia, including a farm-in or partial sale. The prospect is in the Arrowie Basin on license PEL 132. Estimated gas in place in May 2006 was 543 billion cubic feet and prospective reserves were 432 billion cubic feet. The assets are close to the Moomba/Adelaide gas pipeline. For more information, contact Simon Robinson, +44 (0) 20 7851 748