S, I think Monday would be too soon. They may yet decide to case down to just above the Forrestier sst (secondary objective) if hole conditions are not too bright, that's if I'm reading the drilling report properly. The sealing formation (is it Muderong shale?) can be problematic, maybe prone to cave-in which would really be a costly hassle at best, and wreck the hole at worst. It looks like they intend to suck-it-and-see at this stage. The cased hole option would push back the programme by a few days and add a bit of cost but it would also buy some insurance.
MEO Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
