Also stocks just from memory Meo had contracted the West Atlas jack up rig for two wells, heron two and heron three but after running into what can be basically be described as a plethora of problems on the Heron2 well, Meo decided against drilling H3 and to go it alone and drill the wildcat well Blackwood 1 into the plover formation.
Both wells where discoveries and capped and abandoned until a later date. That later date is now fastly approaching.
The Jewels in MEOs crown I first bought meo jan08 waiting for this.
MEO Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Held