MEO 0.00% 0.0¢ meo australia limited

confident in the forward strategy..., page-2

  1. 10 Posts.
    I agree. We have down hole info, and a plan to production test the Elang/Plover formation. Still we have the risk of successful execution of the side track, plover penetration, and production testing. And remember too, that the Darwin formation [50% of the estimated reserves is waiting to be production tested above] after Elang & Plover. Elang/Plover 5.5 TCF and Darwin 5.6 TCF. So the key piece of info for the Heron 2 is still unknown. Within a week or two we should see significant movement in the SP one way or the other.
 
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