Fish, with no intention of insulting you I ask: "are you experienced at interpreting well logs ?"
If they have cased 9 zones of interest, the decision to attempt to produce from the deepest, trickiest, most expensive one instead of a shallower, simpler completion which might have produced some saleable hydrocarbons to finance further operations is highly questionable. Their failure in this can just be added to the already voluminous evidence of tomfoolery by MEO management.
To console yourself you have some squiggles on paper that might as well be ancient Phoenician, you have the hype and BS ("searching for elephants in TN, 9 zones of interest etc etc).
Fish, Bill C. seems to have you so securely on his line that he can play you like a fiddle. If MEO management knows something they haven't disclosed, are now buying shares at .015 or less and subsequently announce news that drive the shares skyward, I will hate them even more all the way to the bank on behalf of all the poor punters that couldn't wait. I'm holding a substantial amount of almost worthless MEO shares too, but since last year, it's not because I think they are competent business people, my pescatorial friend.