Artemis 32% POS that MEO will own 25% of 12Tcf = risked net prospective reserves of ~1Tcf.
Heron 80% POS that MEO will own 40% of 5Tcf = risekd net prospective reserves of ~1.6Tcf.
Blackwood Free.
I'm a believer in Artemis and think we are probaly a 50% POS, but Heron is lower risk.
As analysts crunch these numbers and establish that MEO have 300bcf in resources now, with low-risk upside of 5,000bcf and that MEO will have the $70m in the bank, MEO should do a KAR in terms of appreciation.
MEO Price at posting:
51.5¢ Sentiment: LT Buy Disclosure: Held