MEO 0.00% 0.0¢ meo australia limited

Looks like they are paying 50% of well costs to get 50% of...

  1. 475 Posts.
    Looks like they are paying 50% of well costs to get 50% of permit equity and if successful they will pay 100% to get 50% then free carry MEO on 2 wells (effectively a loan).
    This deal is crap IMO only positive spin is that it is Petrobras.
    Im out
 
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Currently unlisted public company.

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