Presumably, MEO will farm out their interest before drilling commences, so no cost to MEO, but much needed cash from a farm out if successful..
Quote from Jurgen in that announcement:
"MEO will seek to defray the residual 20% cost exposure to Breakwater-1 prior to drilling.”
- Forums
- ASX - By Stock
- takeover
Presumably, MEO will farm out their interest before drilling...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)