There is a very high chance that unless the ES JV do a deal with MEO some time THIS month, they will lose 8Tcf+ of proven gas with an in ground value of $3b+. If a deal were to be done for TS with ES, the itv of the gas would immediately double.
MEO has told us today that the deal is LIVE on several fronts.
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Ann: Tassie Shoal Projects - Value Realisation Initiative, page-15
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