Heron found gas....lots and lots of it......non commercial flow was the only problem....
The prospects covers a large area.....
Eni wants heron for its gas....if they can find an 8 inch section that can be drilled and will flow.....
They have had plenty of time for there geo tech staff to investigate all available data....
Just as ES has areas which did not flow and two sections with great flow numbers.....heron may also....therefore Eni should go again. That way they own 50%....
T.S. Is what Meo is about.....methanol production....from unloved high CO2 gas...which up to now ....nobody wants to find....at $500 per ton...at 1.5millin tons per year is a lot of money....
Yep $750million per year in possible revenue....from Gas that nobody wants to find.?
Blackwood annoucement expected tomorrow.....will this 8inch hole drill in a spot that will flow?
Maybe is the best answer you can get today....
Even much more important is when will wa488p drill to find 1billion barrels of easy to sell oil....at $110us
How much money is this so far....$750 million plus poss $110billion...
What...... just for 6.3cents....per share
Impossible.?
methanol, page-7
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