Unfortunately the Puka oil field has low porosity and would need Fraccin to getbetter flowrates...so they prefer to try on a bigger prospect which is deeper....they are lookin for a carry before drilling....as announced previously.
Puka didnt achieve the 180barrels per day they were hopein for.....if oil got to over $100usd they might try again..
Once the Blind date turns out to be Eni..........things will be better....because that immediately puts Tassie Shoal on the agenda...
Of all the SC that have cash.....Mosman has to turn up on Meo frnt door....
Pain in the a.
Dyro
MEO Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
