positive open ahead, page-28

The problem with MEO is that its two discoveries are worthless as we stand... they hold no value to the company...
Check out NWE, same thing announced today... Massive inground resource, uneconomical flow rates...
...
Norwests problems could be solved allot more easily than MEO's because Theres lots of infrastructure in place and Drilling of horizontal well would increase gas contact and therefore flow rates... Horizontal well could be proposed for 18months time...
MEO's redrill would be very expensive, theres no way MEO could afford it with the already large dilution in place.... MEO would take many years to get together another life line to redrill the structure and it looks far from an option right now...

SO its Zeus in 4th quarter right?
Is there not any other oilers with exploration drilling in a shorter time frame?

disc, RPM, AKK, LMPO, LMP...