This was the base deal, BEFORE MEO upgraded Artemis massively (increased GIIP from 9.5Tcf to >20Tcf).
http://www.meoaustralia.com.au/content/Document/Farmin%20Opportunity%20WA-360-P%20Brochure.pdf
So if the deal increased proportionally, MEO are looking at twice this value, right? Add critical-mass appeal and the fact that MEO were after 100% of costs for the first well, so would they now want 200%? Ie MEO receives extra $50m cash plus $20m (twice the US$8m)?
No point speculating, but you get the point. Except the wine connoisseurs!
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This was the base deal, BEFORE MEO upgraded Artemis massively...
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