OW wrote "I just dont understand why would the farm-in leave out the other partners in the contract of agreement???? Does not make sense, does it? "
OW, disagree. CUE and MOG are free carried for 15% each on the first well by MEO After that, CUE and MOG will bear 15% ea of any further drilling and development.
MEO are now farming out 50% which is a completely separate deal whereby MEO will probably be carried on more than one well if the first well is successful.
MOG Price at posting:
13.5¢ Sentiment: None Disclosure: Not Held
