To follow up on Ya's comments regarding coring the suspected Sandpiper/Frigate sand rather than the Elang/Plover, this could provide real upside to the prospect. If you go back and look at MEO's previous announcements concerning Heron prospectivity (sorry it's too late in the day for me to go back, find it and post the link), you will find that MEO placed no contingent GIP resources in this reservoir sequence, only the Elang/Plover. If the core shows that this upper reservoir has porosity and permeability then it could add, perhaps significantly to the total resource.
Go easy on the WS Geo. A sand is a sand and they can all look very much the same. Also H-1 penetrated only a few meters into reservoir sands at the TD of the well. H-2 is the main correlation point and the northern fault block. Often you can only tell with palynology and it seems that Eni was right up to the mark in having this done. Another tick for the drilling operation.
MEO Price at posting:
22.5¢ Sentiment: None Disclosure: Held
