dr daz, page-13

Adl..

In 2008 when Blackwood was drilled I understand ...it was declared a discovery.....with a flow of about 6mcf.

This flow rate is fantastic if it is on land..when a drill may cost .$2million......other O&G low caps would have a party...

But this fow rate is considered Not commercial in an Off shore well costing around $100million....

To be considered commercial and Meo to have a party they need drills to flow at 20mcf and above....

Heron sth confirmed pos trillions of gas ...but at uncommercial rates thus the reason Eni are interested and didn't say see u later..

But not sure they want to spend this kind of money unless they are sure of a possible location that will flow...referred to on this thread as a Sweet Spot.

We need an 8inch hole to find a flow in hundreds of kilometres of area...

U suggested that Eni could commit to spend more millions at heron to find this area ...Eni has the cash and the skills to do this..IMO

Tomorrow meo should let us know more....

Waitin....for heron Ann and farmout updates....