TU agent -
"eni rolled the dice on heron and hs1 failed to produce the goods. whether eni take-up the heron second well option remains on the table"
ENI is not a company to roll dice. IMHO this was a chance to test the structure to resolve drilling issues. They may make a buy out offer, or, offer a substantial amount to help MEO cash position and take over a large percentage. They know what is going on while drilling. They have to know in order to keep the mud correct and balanced. They learned alot in the drill.
MEO is down but not out. I to am waiting for the quarterly report. I have a buy for 60K at A.05 just in case.
Hope everyone had a great Christmas and wishes for a happy new year.
IAM,Dr,YA an all posters be blessed in the new year.
Bob
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