MEO 0.00% 0.0¢ meo australia limited

Dr Daz, re your thoughts regarding Eni's upcoming...

  1. 59 Posts.
    Dr Daz, re your thoughts regarding Eni's upcoming presentation:

    "This would appear to be a good time for eni to announce making a discovery at HS-1, and providing an update that they wish to drill three additional wells, namely EN-1, B2 and H3 in the Timor Sea."

    I think it highly unlikely that Eni would make any such announcement considering they are still in the process of drilling HS-2 and lack wireline logs or well test data to gauge the commerciality of the well.

    Same for committing to to the rest of the farmout.

    It would be nice for MEO and for SH's for this to happen but it's wishful thinking and I think completely unrealistic that this would happen.
 
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