Again putting it in simple words for all the non geo's.
1) As we r looking at a stratigraphic trap bounded by fault block & not a traditional domal sort of structural trp, a good seal in this case the Muderong Shale works as a cap. We dont have evidence of seepages or gas chimneys here so the seal should b intact.
2) The Forestier SST is below this shale but is thin & hence labelled as secondary target. So if it comes in well & good, if not we look fwd to the Primary target aas thats the main reason for drilling Z-1. I'll b happy with 8m net but my opinion doesnt matter.
3) The Legendre is belw the Forestier & is comparitively thickr. Again 20m+ net is good enough as seen at Perseus wells.
Hope u get the picture of what lies beneath from here on.
On that note, enjoy the Fedex at the tennis or cricket at the WACA.
All the best for nxt week.
MEO Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held