MEO 0.00% 0.0¢ meo australia limited

dr daz, page-18

  1. 188 Posts.
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    I too have been a bit down about the news on HS1 so far as Ive got more than the house on it and I'd like to lighten up on my life, so have told myself to get a grip, take stock of the risks and decide on the way forward. I guess I'm more inured to risk as I am involved in property development and arable farming no guarantees there, in fact the arable job looks crook for the 2nd year in a row-no rain, no free lunches here either.

    I've been looking over the the reports thus far of the Gurame drill and I don't think we could ask for better at this stage: sands have come in exactly as forcast,image logs show sands to be gas saturated, good matrix permeability,strong gas shows,mud losses,continued gas influx and no co2 or h2s plus the well itself has been successfully completed.
    HS1 drill hasn't cost MEO a cent yet SHs are running for the door. If Artimis had been half this promising buyers would have been struggling to climb on. Sentiment, its a strange thing.
 
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