Seems to sum up the possibilities, pre Artemis spud? day traders? "imminent" release of reserve estimates on NP/P68 :) they are all in the mix.
The jostling for position in the NW Shelf is also a variable in the mix, MEO well placed you would think, comparitively low capex due to off-shore presence, "smart" alternatives for CO2 sequestration, also noted Jurgen's parting statement in the Qantas radio interview with Jurgen Hendrich re their 25% of the Artemis play..."we certainly have 25% now, whether we stay at that level all the way through to the final conclusion remains to be seen."
A lot happening, great viewing at the moment.
cheers
MEO Price at posting:
53.5¢ Sentiment: LT Buy Disclosure: Held