Ann: WA-360-P activity update , page-26

EL,

Fundamentally I agree with most of what you saying.
But ... I would prefer to see a major with a longterm view drill the next well rather than a budget MEO job.
Also, timeline is a factor to ROI, so to that extent the ongoing joke fest that Jurgen Hendrich is presiding over isn't positive.
Both of these things are material to CUE

As for who isn't signing.
The side agreement is for a stand alone LNG.
How the hell is MOG going to fund that without diluting the living out of itself?
CUE would be able to absorb that kind of capex committment better than all three.
I would of thought that MOG would of been much better to sell it's 15% direct.
My main point- I don't see that we can assume who isn't signing.

Lastly,
There is only one person to blame for this whole circus - Jurgen.
This is running like a tiff in a primary school playground.
He had all the facts, all the time. MEO's disclosure should of reflected that at all stages - not just at the end when Jurgen's buffoonery was exposed.

Artemis will be great one day - I'm just not getting any dates from Jurgen.