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Oscar,The way I understand things is that Shell had the 3 well...

  1. blurrt
    2,041 Posts.
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    08/10/10
    17:41
    Post #: 7302606
    Oscar,
    The way I understand things is that Shell had the 3 well options and MEO now has one of those options. MEO are free carried (to a cap) on a further two wells if A1 is successful, however, I do not believe these two wells will be drilled immediately after A1 or even by the SV.
    MEO Price at posting: 53.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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