re: Ann: MEO: Acquires additional 5% equity i... Ronstieb,
if you think that running a spec OG company is easy then you should swap places with Albers. Albers holds about 60% of MOG another USD7mil would have given him another 15%. Thats a whoping 75%, he has done the right thing to sell off 5% of Artemis.
You must appreciate the difficulties that a company this size has drilling offshore, where each well cost AU60mil. Artemis-1 well will be drilled.... Thats what its all about, and i am sorry to say but everything else is just bull.
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