CC2, we have put that issue to bed. Blackwood was never going to be production tested. The company made that clear before they drilled. At exorbitant daily rig rates MEO believed it could get all the information it needed from a suite of down-hole analyses including pressure tests and side-wall coring.
Vertical wells dont provide particularly good tests for ultimate production from horizontal wells.
The gas is there. Look forward to more good news.
Good luck
(and thanks Autosime for the up-date)
MEO Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
