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Caterina is a nice prospect, but we are likely only talking ~2-2.5 Tcf recoverable - enough to fill about half a standard size LNG train. It is unlikely to support a stand alone LNG project on its own and is a lot further away from existing infrastructure than Artemis. While the prospect has less upside than Artemis, it also has less risk (simple structure with seismic conformance).

Artemis is a complete game changer at ~5x the size. If it comes in Caterina will be icing on the cake, but won't be the main game in town...imo

Failure at Artemis though will represent an excellant buying opportunity in CUE.

I currently hold both MEO and CUE.

OK