Funny thing is that the first hole MEO/Farminee drill (and CUE/MOG have a free carry) won't be a production well anyway. It will be a hole to see if there is any gas there.
The follow-up wells will be the real nitty gritty wells including appraisal wells & production wells in the event gas is found.
Unless CUE shell out their share of $$$ for these follow up wells, they could be left sitting in the dust with squat.
Probably something the CUE followers haven't even contemplated.
MEO Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held