Meanwhile ~130km SW of A#1 in deeper waters, Chevy makes another gas discovery in block WA-205P. Amazed at the ongoing ratrace in deeper waters in the NW Shelf (& Triassic Mungaroo sands).
Should b interesting to see how WPL go eye for an eye in their upcoming full year preso.
Clio-3 hit 79m of net pay in the deeper Triassic Mungaroo sands. C#1 was discv'd in '06, C#2 last year, so 3 out of 3 ain't bad. Resource size isn't available yet.
Hope to see Calypso & Legendre sands at Artemis confirm what the DHI's indicate so far, besides confirming the northern extension of Wheatstone. Need news to move the SP.
MEO Price at posting:
26.0¢ Sentiment: Buy Disclosure: Not Held