re: Ann: MEO: Elects not to exercise WA-359-P... WA-359 has only had a little 2D seismic done so far - so it is not explored much at all.
On top of that - MEO is more than swamped with Artemis and Tassie Shoal commitments - so they would need a complete no-brainer to go exploring something else at the moment.
Don't hang your hat on WA-359 ... but don't write it off yet ... MEO's decision was based on their own capex program more than anything else.
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