Thanks for the posting Vonrick. I like this part -

"The Morgan Highpoint #3 Well logs have been reviewed and the Morgan Highpoint #4 Test Well is logged and being evaluated by our geo-scientists. Schlumberger is performing the cased hole logging of both the John Bowen #1 and #2 Test Wells today. Completion plans will be finalized once the logs for the Morgan Highpoint #4 Well and John Bowen #1 &, #2 Wells have been analyzed. "

It looks like every well has hydrcarbons and even JB#1 and JB#2 are in the mix (why else would they hire Schlumberger) I think that MEO owns 55% of JB#2 and JB#2.

When the log results begin to flow (followed shortly by the oil and gas) there will be a lot of happy campers on this Board.

- Panamax