dilemma, page-9

crazdewd,
MEO do not have to make their commitment subject to anything, they simply commit to drill and have 12 months to commence drilling. Its the agreement with the farminee for the farm-out that is signed off subject to the FIRB approval. If MEO know that the FIRB approval is going to be granted based on FIRB's parameters, then they can go ahead and commit.

If they are that worried about doing so, another option would be to seek a one month extension from CUE and MOG to the commitment. If the abovementioned farminee deal has been signed off why wouldn't CUE and MOG consent to a one month extension, if needed.

ANZ