MEO 0.00% 0.0¢ meo australia limited

gwc lottery, page-18

  1. iam
    1,149 Posts.
    lightbulb Created with Sketch. 20
    Ho Ort

    This is a tricky one and has made me realise an error in a previous post. I hae making mistakes!

    The depths in the farmout literature are SS(sub sea) whilst the present drilling programme is RT(rotary table.

    Eni estimated the RT at 85m in the EPS so, with this in mind:

  2. 4328m present depth translates to 4243SS (as per report 9).This is 22m above intended HS1 TD (4265mSS). This translates

  3. They were 91m above the H2 proposed TD (which was 4334mSS)

  4. The LCC on the MEO literature is 4325mSS which would make it 4410RT.

    Of course they will be beyond this point by now and the lottery is for the GWC.

    My pick is 4420RT.

    #:>))
 
watchlist Created with Sketch. Add MEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.