"..then WCL must come first in any deal. Ie no point owning Mungi unless you have Meridian."
well said Hendrous - and even more to the point - they must get the "Meridian" people.
So when they grab WCL, they will also get an already proven mgt team to develop Meridian and Mungi and the other MPO fields.
And i think thats a critical factor in their decision making process.
I reckon LNG have no mgt expertise in developing and operating CSG fields.
We have been constantly alerted to the fact that expertise is simply difficult to find in this tight market.
cheers
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