If Eni confirms a Heron drill they have 3yrs to drill.....so even by this time Blackwood would already have results available..
The issue with Heron is finding a sweet spot the may flow....the further research would be focused purely on this issue?
They have confirmed that there is lots of gas....but could Not get it to flow at commercial rates....there was a report 2yrs ago of a flow of 6mcf but not enough need 20mcf and about to make it a goer.
Can we find this sweet spot... There is a lot of square miles in the prospect....so it is possible.
MEO Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
