charts, page-9

Nice chart Pocko. Seems like it does indicate that the run has commenced.

The near term triggers for MEO r all news-related (umm not really abt the rate rise on Tuesday or until Tony Burke gets his bearing on the Environmental Ministry),

1) News about the Heron's resource estimates (frm Gaffney)
2) Shell releasing SV
3) SV arriving on site & spudding A#1
4) NP/P68 farmout commencing thereafter.

As per the DMP website, MEO had lodged the expl. program for A#1 on 2nd Aug (so far no changes have been requested, which is good). It is the next step to what SheepDog had indicated on 25th June in hos post #5474061.

Note that MEO have already said they won?t b conducting any production tests, so I guess we'll just have to stay content with news about,

- any potential gas shows in the twin reservoirs (Calypso & Legendre sands)
- MDT pressure readings (will the sands flow or not),
- net to gross thickness ratio,
- HC saturaiton, porosity readings etc etc (the usual)

The drilling plan for A#1 should b along these lines,

- drill out the top hole (36") to 445m,
- set 20" casing,
- drill 17.5" section to 1875m,
- set 13" casing & (monitor the volume here onw'ds)
- drill 12.25" section till TD of 3635m
- log the well &
- rig release to Total (who've got 3 wells approved, named after 2 French explorers Durville# A and B & LaPerouse#A).

Note at Z#1, MEO had

- drilled the 17.5" section to 1886m,
- set casing at 1874m &
- then TD'd the 12.25" section at 3642m.

They had ~40m thin sandy unit, which was deemed non-commercial especially when the rest were water-wet.

However, A#1 is closer to Wheatstone, so looks well tied up as per the offset well-logs & the seismics. Also, A#1 is 29 kms WNW of Z1 in WA-360P, so is separate.

Glad that Cambrian O&G aren't around to start the dump whilst drilling. As a minority (UK based) partner they were always a risk (esp. when their 'other international' projects tookover more priority).

Look fwd to the Movember coin toss at the Gabba & SV arriving onsite.

cheers