MEO 0.00% 0.0¢ meo australia limited

tuesday

  1. 60 Posts.
    Just to add some speculation to a forum that has far too much good research and facts. Come Tuesday do the more knowledgeable of us expect an extension to the trading halt if both zones have not been tested? In any case what kind of an announcement are we anticipating? That is to say should we expect both a flow rate announcement plus a reserve estimate? Considering that the lower estimate of the area is probably circa 5Tcf (based on the smaller gas intersections in the previous wells) do we expect at least an announcement confirming this amount?

    And a final question what kind of impact would an announcement of at least 5Tcf have on the market cap?

    If a good flow rate plus reserve is indicated by the production tests what will ENI likely want to do going forward in the immediate future?

    Thanks....

    Docwood

    a loooong term holder.
 
watchlist Created with Sketch. Add MEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.