?Pursue opportunities : −proven new plays in old basins −areas where current technology has not been fully applied −previously considered non-material by Majors −areas where mistakes have been made but can be corrected −"areas where the rules/regimes have changed" ?Target opportunities material to major E&P companies −Proven ability to attract participation of Majors
"Regimes have changed?? none that I know in our part of the world apart from TIMOR some 10 years ago
If not then the only other area is the Arab world.
very interesting line.
MEO Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held