"Following appraisal of the Heron and/or Blackwood gas discoveries the Joint Venture will evaluate all potential development options including consideration of incorporating a gas processing hub at Tassie Shoal, approximately 75 km from the Heron South-1 location."
Not MEO will consider, but the JV will consider ;-)
Then a nice section in the HS-1 drilling announcement titled, Tassie Shoal Project Overview.
Eni are absolutely hooked on TS and success at HS-1 will put MEO in one hell of a negotiating position.
Eagerly awaiting the next drilling report.
MEO Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held