from what i read the Muderong Shale acts as a good top seal, establishes a framework for potential hydrocarbon accumulations in the post-Muderong succession
the wireline logs from wells throughout the Exmouth, Barrow and Dampier Sub-basins has shown that the Muderong Shale is laterally extensive and continuous. Capillary pressure data from the Muderong Shale has shown that it is an effective membrane seal, therefore seal failure is a result of migration through networks of faults and fractures.
MEO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Not Held