Ann: Quarterly Report for Period Ended 31 Decembe, page-24

re: Ann: Quarterly Report for Period Ended 31... Good thread lads ... just a couple of opinions:

EL

3) Caterina. Farmout "finalised" this quarter, implies quite advanced. Also implies it's been accepted as a worthy drill. Will be interested to see whether Caterina farmout is finalised before Artemis is, and which is drilled first.


I won't tout predictions of farmout completions due to my pre-xmas Atermis call being a flop.
BUT
Lets not forget that Artemis is being farmed out (a 2nd time) for appraisal drilling and Caterina is yet to have its exploration drill ... that is Caterina is planning the "engagement" whilst Artemis is onto the "reception"

Stefanis

MEO have used every opportunity to hype the process where CUE is just quietly getting the job done.

CUE continually mention the p10 on Caterina and nothing about p90 or p50
IMO - you don't get a bigger hype comment in the gas industry than an isolated p10 figure