All eyes are now focus on Meo farm outs – WA-360 & NT-68. My particular interest is on NT-68 – Blackwood… no doubt with one more appraisal drill would see meo share over 30 cents at minimum. Meo has 100% of Blackwood so over 2 TCF for this already a discovery well is likely. This equates to around 400mil BOE that is US$2B just the gas alone and also OIL ?? For Artemis I see it as another wildcat very similar to Zeus – promising huge tcfs, similar AVO, next door to Wheatstone ....
I’m accumulating at the moment.
MEO Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held
