I think the timing of Gurame has been planned- and planned well! Just think, 1.Heron currently drilling with results in the next week. 2.Gurame spud also next week with an expected drill duration of 35 days with results end of October. 3.Thailand expected spud in Q4, so Oct-Nov also. 4.And the crucial one on success at Heron, is the decision by ENI to drill another well at Heron. That decision is just 60 days from next week.
That's a pretty solid drilling campaign with interlocking results...thereby giving some comfort in the case of a duster on one of them.
MEO Price at posting:
19.0¢ Sentiment: None Disclosure: Held