MEO 0.00% 0.0¢ meo australia limited

This was the base deal, BEFORE MEO upgraded Artemis massively...

  1. 2,041 Posts.
    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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