This information is from MEO website:http://www.meoaustralia.com.au/_project_WA-359-P.asp
Zeus is a Legendre shoreface/shallow marine sandstone play within the fault bounded NNE-trending Keast Graben. The Legendre Formation thickens into the graben controlled by growth of basin margin syn-depositional faults, thinning onto northern and southern high blocks. Generation and migration modelling from Triassic source rocks in the Keast Graben underlying Zeus has confirmed the petroleum charge mechanism. Zeus has multi-TCF potential of 5 to 15 Tcf GIIP over 350 sq km of closure and up to 100 m of net pay.
MEO Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
