MEO 0.00% 0.0¢ meo australia limited

take your seats - 5legs about to start running

  1. 2,041 Posts.
    News just out that Heron-3 will be drilled to test some very deep sections of the Elang/Plover, down to 4,590 MDRT. Heron-2 was deep and yet it was only drilled down to 4,334 MDRT and still discovered 200m+ hydrocarbon column. Taking stratigraphy into account, the southern fault block where H-3 is, Eni think there may be another 250m of payzone.

    Its interesting they are also going to log at 3,950 MDRT (test secondary objectives?) as well as at TD. And they are also allowing for stimulation if the reservoir is tight at depth, for subsequent wells).

    I always new Eni were going to drill very deep, hence the 70days. As partners in Evans Shoal as well as being all round oil-guns, Eni know what they are hunting and along with Blackwood, it is going to be huge.



 
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