MEO meo australia limited

gas in the elang-plover, gas in sandstone abov, page-30

  1. 2,041 Posts.
    Just to add to my previous interpretation:

    "Point-2
    MEO's mapping (and resource estimates) indicate that the structural spill point (SSP, LCC) where Heron spills to Evans Shoal is at 4,360m, as per pg 7 of the EZdataroom farm out presentation. This would suggest that the Elang-Plover that is currently being drilled would extend another 174m to the SSP, beyond the potentially 119m of gross pay encountered to date, a grand total of 293m. Depending on where certain horizons (b/w Frigate & Elanf Formations) taper off from the North to the South fault block, a relatively high net to gross ratio can be expected."

    Eni appear to have drilled another 142m of gross payzone in the last 24hr, on top of the 119m already encountered, bringing us up to 261m and counting.

    The prognosed depth of the GWC is in another 32m. Given MEO are still talking about drilling ahead until they get to a core point and then core, then drill to GWC, it sounds like there is quite some way to go.

    DID I NOT SUGGEST MONTHS AGO (PRESPUD) THAT SOME MONSTER HC INTERSECTIONS COULD BE EXPECTED AT HS-1? THERE WE GO. BUGGER THE DST, I WANT TO CHEER NOW, WOOOHOOOOOO!
 
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