Hi thrones
To answer your question.
The details of the farmin will be in the ann we are waiting for.
The minimum terms sought by MEO can be seen on P4 of MEO's Farm-in Opportunity Brochure here.
Cue and Mog are free carried for Artemis #1 but will be required to contribute %ge wise to further wells.
MEO will look to be free carried for the first well and at least two further wells.
They are will also be looking for a rebate of ~$10m seismic costs and other possible sweetners.
For more information about the Carnarvon Basin Exploration Permits WA]360]P and WA]361]P you can find it here.
I hope this helps in your reasearch.
#:>))
- Forums
- ASX - By Stock
- MEO
- why i still feel positive?!!
why i still feel positive?!!, page-45
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online