MEO meo australia limited

If we ignore the shallow gas shows, this is how things are...

  1. 2,041 Posts.
    If we ignore the shallow gas shows, this is how things are looking, thus far:


    4,059m - gas shows in reservoir quality sands were encountered

    4,068.5m - 4,095.2m (26.7m core) taken over sandstone zone above the Elang Plover.

    4,095.2 - 4,178m (82.8m) "Gas shows and elevated resistivity readings from the LWD tools have been recorded while drilling", in what looks to be the E&P reservoir.

    By my account, this is potentially 119m of gross gas pay, with 87 - 300m of drilling to go, all depending on the GWC.


    Not bad at all.
 
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