MEO, which has a market value of just under $10 million, currently holds 100 per cent of the Block 9 Production Sharing Contract but will take on a partner before going ahead with drilling, which is at least a year away,
Read more: http://www.smh.com.au/business/ener...xploration-20160313-gni1eq.html#ixzz43EH4Oct7
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It has been a pretty average experience holding MEO
