Thanks grey ghost.
With Cuba looking up, MEL takeover done with (and a reasonable result), then Beehive confirmation would finally put this company on a sure footing for the next 12 months or so.
I believe Santos will proceed with Beehive - they don't necessarily need to farm out all of Total's 40% to proceed.
My punt is:
Santos 45%
Neptune 20%
Beach 15%
Melbana 20% (free carried by above)
Neptune Energy is active in the Bonaparte Basin & already in a JV with Santos & Beach.
https://www.oedigital.com/news/473550-neptune-launches-petrel-seismic-campaign
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Ann: Change in substantial holder for MEL, page-21
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