MEO 0.00% 0.0¢ meo australia limited

escalating costs force shell go slow

  1. 198 Posts.
    AFR online reporting: "Escalating costs have forced Royal Dutch Shell, one of the world's biggest oil companies, into "go-slow" mode on new projects in Australia, casting doubt on the timing of some $70billion-plus worth of liquified natural gas ventures".

    My observations are: Problem is, a go-slow may then come up against the pending export of cheap US gas from the US's massive game changing shale boom.
    MEO's Tassie Shoal Project is a very cost effective option ready to roll for WPL's Sunrise and the Various Timor Sea ventures (including ENI's). Come On MEO, let's finally get this party started!!
 
watchlist Created with Sketch. Add MEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.