MEO 0.00% 0.0¢ meo australia limited

trading halt, page-34

  1. 1,073 Posts.
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    i don't know if the upper reservoir will flow or not, but please keep it real re the "uninformed market" quote.

    I refer you to the MEO trading halt asx release dated 18 Dec 2009. This trading halt was about the very positive news of Petrobas farming into Artemis-1. Funny enough, this December 2009 asx release, now some 3 years young, uses the exact same MEO trading halt template used for the last two trading halts(i.e. the same "uninformed market" justification).

    a bit inappropriate/inconsistent corporate/asx governance to call a TH for production testing of one zone (regardless of the outcome) and not the other zone (regardless of the outcome)...

    might be positive might be negative. I would have thought ENI would be throwing the kitchen sink at the second reservoir, which is safely behind the 7 inch liner.

 
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