Announcement re: spud for Z-1 was as I had anticipated & mentioned in my friday arvo post.
What next on Z-1, steady drilling of the 17" hole & casing this section. So expect a lot of consolidation.
Did a quick research on Greek mythology (too much time on my hands). Turns out Zeus fathered some offsprings notably, Athena, Artemis, Persepone, Perseus, Hermes etc, which co-incidentally are the names of the nearby fields/ wells. In view of success at Z-1, this one could well b the Big Daddy of all nearby fields
BTW, Artemis happends 2b the next prospect on MEO's radar.
Considering its aereal extent & 18 TCF GIP, will Big Daddy aka Z-1, deliver the goods by 3rd Feb?
As Barrack Obama would have rightfully said if he owned shares in this, "I say MEO can".
Still early days IMO, wait & watch.
MEO Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
