The logging suite they run will take down hole temps and pressures, permeability, porosity ann samples for compositional analysis. Even take a camera down there for a look. From this, plus intercepted intervals and seismic will give them indication. But extended well tests looking for pressure declines and appraisal wells are the only way to sure up the reserves. First things first, lets have them hit a large interval and be able to take some good logging runs.
should have indications soon as they drill through the targets. no doubt the MEO guys are tuned in from town over the next 24 hours for MWD readings.
MEO Price at posting:
25.5¢ Sentiment: ST Buy Disclosure: Held
