value of heron and blackwood?, page-10

You may not have noticed but a sale is on the table.....it is called a farm in.

Now stay with us here,
MEO offers up to 50% of the discovery in exchange for a minimum of two wells drilled. Wells don't come cheap @ about $60m each. Sooooooo if big oil is willing to fund these wells in exchange for 50% of Heron then that puts the undeveloped value of 100% of Heron at.....

Meh indeed.