re: News: MEO Australia presents at the ASX S... Some good one...

re: News: MEO Australia presents at the ASX S... Some good one liners.


HERON

- HS-1 costing eni $75m

- (HS-1 has) been in target (Plover) reservoir for "several weeks" with "extensive gas shows"

- this was two weeks ago (date of presentation)



TS

- "we're working with the nearby resource owners, and as they (projects) get appraised in the next 18 months I think we will see a lot of potential value begin to be unlocked using our (TS) development scenario"

- Since B&C is now taken, this sounds a lot like Evans Shoal, without letting the cat out of the Italian Silk bag.