i would be v interested in gaining your insights with regards to the tsmp tender process now due to be released in q1 and hopefully finalised in q2. given the lng and methanol plants can be sold off separately, what do you think a major would be prepared to pay meo? do you see it as a 100% sell off or farm down for want of a better phrase?
dr daz your thoughts would also be greatly appreciated on the above.
in addition, given h-3 is now penned in for a spud date of june, the second half of 2012 is going to be a cracker for meo's sp. just think, in addition to h-3 drill, there is the seruway drill which must occur in 2012 and is scheduled for q4 2012 (with seruway 3d seismic results due h2 2012). in addition, the results from the bathurst/blackwood 3d results are due in h2 2012 along with go/no go bathurst/blackwood drill scheduling decision by eni. furthermore, wa454 seismic and farmout deal is due h2 2012. also, wa461 3d seismic result is due h2 2012.
did i miss anything??
merry xmas and best wishes to all for 2012.
gm
MEO Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
