catching up, page-11

ronstieb, the Evans Shoal partners have to drill a well in NT/P48 in 2012, it is part of the permit retention conditions.

It is likely that 3-4 wells will be drilled between NT/P48&68 in 2012. Heron3 is firm, Blackwood2 is probable (the whole purpose of the Bathurst Seismic survey), Heron4 depending on the success of Heron3, and at least one well at Evans Shoal.

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The comments of prosperman are comical. MEO have been unlucky with both Zeus and Artemis, these were both wildcats.

In terms of NT/P68, MEO has an enviable record. Two sole-risked wells, two discoveries. This is almost unheard of for a company of MEO's size in 2008 sole-risking two wells. A few months ago Eni discovered 22Tcf in Mozambique, they know what they are doing and they are backing MEO here.