I indicated that MEO's estimate for Heron North fault block was 4,360 and MEO also took this as the LCC for the Southern Block.
A DHI on MEO seismic suggested the gwc was likely to be ~120m deeper at the HS1 location, hence the 4480.
Rather than just making this a lottery, it's useful to understand that if the LCC is extended, then it would indicate that Heron spills to th not insignificantly sized Heron East which then is connected to Evans Shoal. One giant gas field.
Somebody please post the EZdataroom 3d structure with Heron East in the b/g.
MEO Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held