"Can someone answer this please......... In 2008 when MEO...

"Can someone answer this please......... In 2008 when MEO drilled into a 200m gas coloumn at HS-1 why wasnt it developed then why wait so long?"

David Maughan (Exploration Manager) called it an "an ambiguous result, we couldn't drill all the way through.."

http://www.youtube.com/watch?v=w8QHeQlwrHk

I've watched this many many times!! Why on earth a man with such credentials/reputation try to feed us bullcrap?!

And most of all a company like ENI would commit/outlay so much moolah??! Yes for something like HS#2, even after two drills in the same area before..!

As an investor i'd like to see some results and i believe the timing is just right now:-)

Good luck to all holders.

Happy Investing.