where to from here, page-4

Why did you say "the announcement on Friday I believe the company has nothing much to offer"?

I see MEO has done a good job given the followings:

a. 20 parties interested (1 sucker is required only the other 19 will be dumped to the sea by MEO). There will be bidding wars created depends who needs the most.
b. 14th Aug was the closing date for data viewing.
c. 31st Aug will be offer date by interested parties
d. Farmout conclude and ann. end September
e. Identified Calypso fm and become the main reservoir and comparable to the original Legendre fm reservoir.
f. Estimate has doubled (GIIP) to 20T (was 11.5T)

The bidders need time to prepare their submissions to MEO. 2 weeks sounds reasonable time provision.

Do you think MEO will accept a hand written one page fax from the bidders as the price submissions on 14-8-2009??

This is a process procedures and can't be rushed.