nbbirch, how do you get to the position of thinking MEO will...

nbbirch, how do you get to the position of thinking MEO will give up more than 50% from that statement? Up to, means a maximum of 50%, does it not?

Well obviously the deal has not been signed off, as it would need to be announced.

I'm not sure you understand LNG supply dynamics. In a carbon constrained world, price of oil and coal will fall as LNG increases as it is less CO2 intensive in terms of emissions.

Based on the $75m for 70% as per my last post, that is a pretty hefty discount. If anything the market has largely discounted a successful farmout.

I believe (not foolishly), so the market will get a big surprise when we see a super-major at our feet!