I check Magellan and Santos web sites everyday.
I can not find anything that says this money has been paid.
Subah posted this.
Hi Kiwi, MGN have things in hand regarding the funding for Evans Shoal, payment due 24 December.
It would be great if you can tell us how you know this.
The hint of Tassie shoal in the C/R must mean something.
Think about it. Out of all the things that we have coming up, Tassie is the one farther away. So why mention it.
We have all the 3D's to do at the 50/51's yet.
WA361 to sort out, and given that it might be a flow up well, this should be next.(after permit)
NT/P64 next off the rank.
Here it is again.
The proceeds of the placement will boost MEO?s cash reserves to in excess of $100 million which will be used to underpin the company?s growth aspirations......
"Including but not limited to advancing the approved Tassie Shoal gas processing projects."
Remember that the next farm in is for a confirmed gas discovery. It's not a wild cat.
They have come up with a mobile to find the fractures that lead to the drill fluid lose.(no mean feet)
The next farm in partner will need Tassie if these two wells become commercial. (LNG)
If we can snake off Magellan, then we have our MLNG.
Here's something that people need to get in their heads.
IT'S NOT JUST ABOUT ARTEMIS.
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