Best news I've heard in a while and a huge kick start to reignite the Timor Sea fields. TS is a fast way to market for the ES bonanza of 8tcf.
IMHO, ENI will drill Blackwood, renege on Heron and then take out MEO. Yes, I said it here; take out MEO. What will it take; 15c or 20c. Please, this is spare change for ENI to get access to an approved project. ENI do not see MEO as a partner on TS, as they want 100%
Buckle in people, we're in for a ride
MEO Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held