If MEO state they are about to or are in the process of the core drilling that to me would say that they have found gas after rereading this in there Artemis-1 Progress Report No. 4.
It is anticipated that the 12-1/4? hole is likely to commence drilling on Friday 3rd December. The programmed drilling time to reach the top of the Calypso reservoir is approximately 2.5 days from commencement of drilling the 12-1/4? hole.
In the event that gas shows are evident in the primary objective, a coring program is planned (refer attached diagram).
MEO Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
