meo executes binding farm-in agreement!!, page-61

Hi Wipz,

Just checking so we are on the same page. This is a small gas company not a Treasury Bond is it not?

Of course there is risk we are drilling for gas....the deal is still very good just ask the Wall Street Journal.

If you thought that this deal would completely de-risk MEO you are kidding yourself. IMO we have got a good deal for giving up 50% and if we find gas not only will be get more free carry and more importantly the income from selling that gas, we will get another cash bonus.

I WOULD LOVE TO KNOW THE KIND OF DEAL YOU COULD HAVE STRUCK AS CEO OF MEO.