calculate, page-3

I hope the farmout is successful and the best option to MEO. Should the farmout fall through, IMO MEO should go ahead by themself to drill and prove the resource. It will keep 70% of shares. There will be two options then, one is to farmout again or put up a "For Sale" as Santos did recently. That will be a plan B and will be a better option to shareholders. There will be more bargaining if the resource is proven in the farmout or sale.

Drilling is not a very technical completed. MEO has their own resources.