TP,Lets not forget Artmeis is also right next to a duster called...

TP,

Lets not forget Artmeis is also right next to a duster called ZEUS:)

MEO is hoping that ethier Woodside or Chevron farmin to ARtemis. Even if Artmeis is successful and either Woodside or Chevron farmin, by the time the big players sell the gas from existing reserves, It would take years for ARtemis to be developed for prodcution.

Yes ARtmeis seismic looks promising with a GAS chimney and Legendre formation covering a large area, but so did ZEUS siesmic analysis looked promising. And yes I did say that PEP 11 was wild cat..

As for PEP 11 there is a ready market right on door step, All that will be required is to tap into the GAS infrastructure from LNG plant. Exporting will be a bonus. This makes PEP 11 a vey very BIG DEAL!!!!

I cant believe MEO MC is around $300 million:)