MEO 0.00% 0.0¢ meo australia limited

one big announcement guaranteed next week..., page-14

  1. 3,137 Posts.
    lightbulb Created with Sketch. 383
    For me I am not knowledgeable enough to confidentally provide figures based on historic experience as I am only in a few years..

    Having looked through many of the reference material available from posters and my own personal investigations I think anything in the region of 30mmcfd would be FANTASTIC! I see Evans Shoal2 tested at 0.7mmcfd/d with higher CO2..permeability doesn't seem to be a problem in the Plover/Elang and Flamingo formations...

    I recall ES had a pay zone percent of around 20 so that would give us around 40m pay..BLOODY FANTASTIC if it comes true.

    SO I would best guess at 12mmcfd/ & 8bbc/mmcf. My estimates on SP:

    Heron South 1
    Duster - 15c
    5mmcfd/0bblc - 25c
    10mmcfd/6bblc - 30c
    20mmcfd/15bblc - 40c
    30mmcfd/20bblc - 50c
    Max flow??


    Anyway, I am pretty happy right now with the work these guys are doing....I did get to speak with person who would be in the know but happily they simpy discussed what was out there and no 'treats'of information. Certainly as excited as I think we all are.

    A Duster I can live with as I'm seeing too many future possiblities here to let go either way.

    Jazza
 
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.