MEO 0.00% 0.0¢ meo australia limited

artemis rig, page-40

  1. iam
    1,149 Posts.
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    'Sigh of exasperation' (and not because of the Eagles this time;)

    But we do know. This is from the last 360P activity report:

    'Irrespective of the outcome of this transaction, MEO is committed to drilling the ~12 Tcf2 Artemis prospect in 2010 and has secured an option over a drilling rig for a spud date between 1st September 2010 and 1st December 2010. The funds raised from sophisticated and professional investors in late 2009 are considered sufficient to underpin the drilling of Artemis-1.'

    Does it really matter who it is provided they can drill holes deep enough under water, has a good nose for gas and doesn't end up a cinder like our other foe, Atlas!

    #:>))

    Oh yes, and is gentle on Artemis because she can get a bit grumpy.
 
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