MEO meo australia limited

why i still feel positive?!!, page-45

  1. iam
    1,149 Posts.
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    Hi thrones

    To answer your question.

    The details of the farmin will be in the ann we are waiting for.

    The minimum terms sought by MEO can be seen on P4 of MEO's Farm-in Opportunity Brochure here.

    Cue and Mog are free carried for Artemis #1 but will be required to contribute %ge wise to further wells.

    MEO will look to be free carried for the first well and at least two further wells.

    They are will also be looking for a rebate of ~$10m seismic costs and other possible sweetners.

    For more information about the Carnarvon Basin Exploration Permits WA]360]P and WA]361]P you can find it here.

    I hope this helps in your reasearch.

    #:>))
 
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