Hello Stephen,
You might try a straight libname statement to see if the META engine is working at all in this case:
libname ora META library="Oracle library in metadata";
With pre-assigned in place, the SAS workspace might be assigning the library without using the META engine, instead using the native Oracle engine.
For more information, check out: "What SAS® Administrators Should Know about Libraries, Metadata, and SAS® Enterprise Guide 4.1"
http://support.sas.com/techsup/technote/ts788.pdf
Otherwise known as "EG library behavior for Dummies"
🙂