Analyst66 - great post. Thanks. About to run (dinner), but thought I would mention that gas in the greater region has flowed from these reservoirs, these are very large intersections which have been fed from a very deep sedimentary basin (Malita Graben) and the late charge also suggest hydrocarbons were mobile later during the evolution of the Heron structure.
If it was a frontier basin, I would be concerned, but given results at Heron-2, Evans Shoal and even the Heron-1 well drilled with 1.98SG mud at depth, I think there is good reason for optimism.
MEO Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held
