Would MEO wish this to expire before finalising any farmin agreement?
"Separately MEO has granted Petrofac Energy Developments an option expiring on 30 June 2011, to acquire a 5% interest in NT/P68 and an equivalent right in the Tassie Shoal Projects. To trigger the option over NT/P68, a payment representing a multiple of the Permit back costs at the time would be made."
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