MEO meo australia limited

Brilliant News!!

  1. 1,073 Posts.
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    Well, well, well the old adage of 24 hours is a long time in politics also applies to the oil business.  That's to say the overhead projector used for ENI's SEAAOC slide show is still warm and ENI has already done a 180 degree turn on what they presented.  In the article below ENI (Delfos) has gone from DLNG to others in the SEAAOC slide show to, in the article below, "Eni confidence [is] that Evans Shoal can be developed as a standalone LNG development or as supply into the Darwin LNG plant”, said Delfos.  Well we now now what the 'others' is and it is now the first 'top of the mind' preference of ENI's main man in Australia.

    It gets better because, as in the article below, Delfos is now publicly singing the praises of MEO's TS technology in the article below!

    Dr Daz on the money re ENI playing games at SEAAOC.

    Please read the article below and enjoy your weekend.

    Adl

    Encouraging signs for Evans Shoal’s feedstock potential
    • inSha
    By Russell Searancke
    22 August 2014 00:00 GMT
    A recent successful appraisal well on the large Evans Shoal gas resource off northern Australia has given the co-owners confidence that the field can be feedstock for a liquefied natural gas project, writes Russell Searancke.
    Ernie Delfos, the managing director of Eni’s Australian subsidiary, said the Evans Shoal North-1 well, drilled last November, had confirmed a “simple and significant sub-surface structure”.Shell is the operator of the permit but Eni drilled the Evans Shoal North-1 well on behalf of its partners using the jack-up Ensco 104.
    The well flowed at a facility-constrained 30 million cubic feet per day of gas during testing, and Delfos said the results of the well had de-risked the reservoir.  Delfos said the play contains 8 trillion cubic feet of gas in place, but has a very high carbon dioxide content of 28% which previously acted as a barrier to development.
    However, improved CO2 handling technology has given Eni the confidence that Evans Shoal “can be developed as a standalone LNG development or as supply into the Darwin LNG plant”, said Delfos.  Evans Shoal sits in Block NT/P48 and the owners are Shell with 32.5%, Eni on 32.5%, Petronas Carigali with 25% and Osaka Gas on 10%.
    Shell and Osaka Gas have been co-owners for many years — the field was found in 1988, but other joint venture partners have come and gone.  Eni and Petronas are the most-recent arrivals, and both came on board with LNG in mind.
 
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