DrD...STO has sold their ES interest, but still hold considerable high CO2 gas at their other prospects. They have not previously jumped aboard the Tassie Shoals concept but have hinted in todays ann that they are considering their options. MGN's concept may be appealing to them; or the major may take up their stakes. A 275 km pipeline is not a big ask given the potential scale of ops; and the savings that a nice dry, onshore site may bring.Noting also STO's access to an underutilissed Darwin LNG plant.
MEO Price at posting:
33.0¢ Sentiment: None Disclosure: Not Held