AED AEL MEO

re: Ann: MEO acquires 30% equity in South Mad... "The Camplong-1...

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  1. shadowboxer1
    2,755 Posts.
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    30/06/11
    10:56
    Post #: 8608172
    re: Ann: MEO acquires 30% equity in South Mad... "The Camplong-1 well discovered an 8m gas column at the Ngrayong level. The zone was not tested as it was considered at the time economically unattractive"

    Camplong-1 drilled by Shell in the 80's, Kurnia-1 cost $9 million
    MEO Price at posting: 17.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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