MEO 0.00% 0.0¢ meo australia limited

when the market wakes, page-2

  1. 1,887 Posts.
    lightbulb Created with Sketch. 358
    Hi Dr

    I watched the agm vid and its got me quite excited about the value that the two production tests are set to unlock for meo

    Just one thing got me thinking...dm mentioned, what we all know, is that the reservoirs at heron are complex and of very poor quality and that ENI have done very well at getting as far down as they have, yet are still having trouble.

    As they will p&a this heron well I can't help but think the risk of getting down that far again for a producing well in the future is still high and the large reservoirs section may only exist in a small section to the south. They may not hit it with another well

    So clearly a lot of risk still at heron once this one is plugged
 
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.