You've got to be in it to win it, and we're still well and truly in it at Blackwood! Even the best looking wells with large highly fractured gas intersections aka Gurame do not flow, so who is to say that Blackwood won't. There is no exact science here to say what will and what won't be successful. ENI must see enough to warrant the decision despite what a lot of the doomsdayer no holders and glass half empty holders have been ranting on about this morning. To all the closet experts that think they no better than ENI - get a life and a real job if you are capable. All very amusing.
MEO has always been a highly speculative stock and consistent production testing of wells is exactly what any exploration company exists for. Be happy and hope for success at Blackwood or the next well, next farmout, or TS!
All the best! KK
MEO Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
