MEO 0.00% 0.0¢ meo australia limited

please excuse my ignorance but as part of the ann it says they...

  1. 375 Posts.
    please excuse my ignorance but as part of the ann it says they will be reporting the discovery under the petroleum act....does that not say they have discovered - because doing some very quick research it costs substantial cash to get a formal licence for production ....so why ann. it if it was dead well.....have I missed somehting?
 
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