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well spotted IAM !!Carnarvon basin & the Timor Sea hub are miles...

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    23/12/09
    09:53
    Post #: 6076838
    well spotted IAM !!

    Carnarvon basin & the Timor Sea hub are miles off, seems 2me that the journo got the wrong map. Have seen it happen b4 on other portals frm time to time.

    Slide #9 frm MEO's AGM indicates that the FIRB for WA-360P should come around Feb end.

    - Commercial agreement etc was finalised around 26/10/9

    - Mid Dec was the timeline for the farminee's board approval, which has been met as per the last update.

    - So, once the farminee is revealed, we'll have to wait for the nxt deadline in Feb.

    All part & parcel of farmouts, not a show-stoper IMHO.
    MEO Price at posting: 43.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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