MEO 0.00% 0.0¢ meo australia limited

Horizontal appraisal drilling shows massive confidence in the...

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    Horizontal appraisal drilling shows massive confidence in the play..
    $14 mm is a massive amount to commit for 1 onshore well..
    MEO will firstly be looking at 2 high impact vertical wells IMO ...
    I Expect costs to be circa $ 5mm each...
    I absolutely Love the Opex cost per barrel in this region..$ 9.40 ish...
    Fast market..
    Cuba is an absolute cash Cow for Sheritt...
    As A 35 year upstream professional , I can see this will company make MEO..
    Potential mid cap producer by 2Q 2018 IMO.
 
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