Expressions of interest were due at the end of October 2013? Given company's track record of delivering on farm outs to large multi nat oil companies - ENI and Petrobras - where does this one sit? Company is looking for cash and free carry in exchange for equity in the permit. Well due May 2015... Company attractively priced at present and momentum starting to build on better volume in recent days. Perhaps on anticipation of an Ann coming on Beehive?
MEO Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held