"It starts to make sense now that they were negotiating the Catarina stuff at the same time the Artemis farm out was ongoing."
Good post Dargie...and perhaps is why MEO were so certain of the approval to the JV agreement amendments.
Latest CUE quarterly states "Technical discussions continued with a number of international companies in relation to their potential farmin to the permit and the Caterina prospect. Subsequent to the end of the quarter, farmin offers were being evaluated."
Could it be that Chevron or Woodside have thrown a spanner in the Petrobras farmin works?
This would also explain the recent SP interest and rise.
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