I doubt MEO now have the funds to contribute to 454.
They are up for 20% of well costs PLUS 50% of overruns.
That is why they are trying to farm out urgently.
not sure what happens if no JV partner can be found?
The awt report makes most things clear.
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- Ann: Quarterly Activities Summary for Period Ended 31st Dec 2014
I doubt MEO now have the funds to contribute to 454. They are up...
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