MEO meo australia limited

here we go again..., page-10

  1. 18 Posts.
    The problem is, a production test is essential in defining what MEO is all about. Will the drilling encounter hydrocarbons? Sure they will, and that will cause a sp blip, however the absolute key to wealth creation on MEO is PRODUCIBILITY of hydrocarbons. Undertsand that key point, any mug can find gas/oil, however the key is in identifing robust formations that can flow, that can PRODUCE at sustainable economic rates in a test phase sufficient to give confidence of long term producibility upon which to base a substantial development investment.

    Not doing a production is avoiding the required truth.

    Caveat emptor. (& please excuse spelling)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.