MEO 0.00% 0.0¢ meo australia limited

pre news release, page-11

  1. 83 Posts.
    Gas is more bouyant than water. So it is always 'over pressured' so not sure what they mean by that. But the fact that the mud weight is so high (11pounds per gallon was mentioned suggests either it is a high column of gas (which would be a great result albeit not in the primary objective) or an isolated sand that does not allow the pressure to escape (could still be good depending how extensive it is). It has plusses, heh they discovered gas and minuses, it will create a few drilling problems.
 
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