MEO 0.00% 0.0¢ meo australia limited

Production will utilise horizontal drilling. Any production test...

  1. Jim
    951 Posts.
    lightbulb Created with Sketch. 79
    Production will utilise horizontal drilling. Any production test from a vertical well would have been meaningless. Hydrocarbons flowed to the surface. Took all the data they needed. Well exceeded expectations. Enough said.

    Oh, and there will no doubt be a juicy reserves estimate and farm-in partner and plans for next round of exploration drilling, for both NT/P68 and WA-359-61P which has some monsters.

    Today was a good result and a bad reaction. Time will take care of the latter

    Good luck
 
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.