MEO meo australia limited

the elephant in the room, page-7

  1. 9,322 Posts.
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    ""with hindsight, obviously they should have farmed out, but thats a ridiculous comment....the techniical work pointed toward a gas resource that was highly fractured and with historical results in the region, should flow, so the facts and analysis they had in front of them would have led to a positive decision regardless of who made it""

    Oligarch
    Have to disagree with that part of your post.
    Other players acquired seismic, drilled, and walked away from the prospect.
    MEO comes along, reinterprets the raw data to make it sound good, and imply that previous explorers didn't know what they were doing.
    However they tried to farm it out and no takers.
    In the end, it was MEO that didn't know what they were doing.
 
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