re: Ann: MEO acquires 30% equity in South Mad...
Hi Kiwi -
Good work! Even though in dollar terms it's a minor deal it looks like another small but significant step in the Meo journey --- s/e asia .....let me see;
From the Meo website describing key personnel;
Andrew Leeds our new senior commercial analyst......"Over the past 15 years, Andrew has worked for Santos, assessing international new ventures and exploration projects throughout South East Asia....."
Jarrod Dunne, senior geophysicist....." More recently he has worked on long-term seismic interpretation projects in the Browse and Gippsland Basins, along with new ventures studies in diverse areas such as Brunei...." - same neck of the woods....
and finally Errol Johnstone -( a man whom DM and co were particularly keen to lure to Meo if I recall the AGM) ......" He has extensive experience working on multi-disciplinary taskforce studies working with Russian, Japanese, Malaysian and Indonesian geoscientists ...."
- we have some quality talent on board and in spite of the recent lack of exploration success through well-constructed farm-ins and new permits/partners the company is growing their base on which to evolve.......
MEO Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held