MEO meo australia limited

presssurized zone was 40metres thick ?, page-40

  1. 2,112 Posts.
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    "If the cause was petroleum based (gas or oil) they would be running flow test and would be happy to announce the find"

    Considering the area we are drilling is is not known for CO2 so the chances are it is HC gas. MEO would undoubtedly know this from the mud returns.

    From the very start MEO has said A1 would not be a test well. We are free carried on this one up to a cap, so if we start to do testing at every anomaly we can very easily be up for lots of cash. MEO don't want to be up for cash until a return is guaranteed, MEO also need CUE/MOG to pay their share when testing is done.

    Once HC is proven at the primary objectives then we come back to do test wells with the other stakeholders making their contribution, then we can test the 40m zone.
 
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