Eni: important new discoveries in Mozambique ¦Discoveries made at Mamba South 2 and Coral 2 delineation wells add 6 trillion cubic feet (tcf) plus to the resources of Area 4 .
Eni made the above announcement via a press release today. The fact that they have not said anything about the Heron drill can mean one of two things, they are still testing and are not in a position to make an announcement which may see MEO suspended again or the results are not good and do not warrant a press release. Unlike the ASX it would appear information is released via press releases rather than company announcements.
MEO Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held