The speed of drilling isn't the issue. Cementing before drilling ahead takes time. The last time the ran cement down hole and tested it took roughly a week. Once they have completed testing it will be full steam ahead. If they reach their target depth or intersect significant gas we could get an announcement sooner than next Tuesday. Wouldn't be surprised to see a bit of sell pressure today from the DT's who were expecting positive news today. Being so close some may regret that decision.
MEO Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
