I am surprised they failed to include the Gurame notice as the three (Gurame, Blackwood and Sainampueng-1) were released together at pre-open Thurs 13 Dec.
Fox Davies has previously added Gurame in their rating, especially if it led to early production for a gas starved Arun plant to service the domestic supply needs.
The present SP of 7.4cps is a little low IMO, much to the disagreement of some posters here, but 55c, whilst it would be good if we could get there, is a little ambitious in present circumstances.
I put a comment on the site to that effect and I am waiting to see if there is a response.
MEO have a number of farmouts in the pipeline but the cash backing is the question ATM because of the cost of seismic and drilling programmes over the last 12 months.
#:>))
MEO Price at posting:
7.4¢ Sentiment: LT Buy Disclosure: Held