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0.00% 0.0¢ meo australia limited

petrobras 4th quarter and fiscal year results, page-33

  1. Dr Daz
    2,041 Posts.
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    26/02/10
    13:10
    Post #: 6381773
    AustinNZ - you rarely dissappoint that is very simplistic.

    YOu assume MEO will give up 70% for simply getting a free-carry on one exploration well.

    I don't think so, they quite clearly indicated 8months ago that they will be aiming for free-carry in two additional appraisal wells and a promote.
    MEO Price at posting: 39.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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