historical gem, page-16

##""Why did STO sell out Mereenie to CTP, indicating that there might not be commercial volumes available, but new Director Sarah Ryan says, "plenty of molecules" at Mereenie, etc ?""##

Good question Ravi. A good question which sadly seems that it goes unanswered though.

Perhaps that question should now be asked to someone on that Board.

What I fail to comprehend is as to why STO would sell out of Mereenie if it was any good when they are always looking for O&G to keep up with their contractual obligations.

I am aware that there are many ways of possibly bringing some of those worn out wells back into production but that it is a very costly exercise (It has been proven in the USA), and it does not always work as anticipated/planned.