re: Ann: MEO: MEO Executes binding farm-in ag......

re: Ann: MEO: MEO Executes binding farm-in ag... Stefanis,

Certainly one of the best atm imho. I have most of my oil money on CUE and CVN, both having quite different risk and growth profiles.

CVN provides a much stronger reserves base, and more assured growth imo, however CUE is currently building cash better, and it has a better suite of near term (next 2 years or so) high impact wells. Hard to see CVN quadrupling on nearterm exploration, yet that is multipliable on the cards for CUE.

I'd be interested in any other seriously producing ASX oiler that matches either of these two. Perhaps TAP? or HZN?

Not only is CUE in the sweet spot with Maari, but given the likely reserves it probably has a good 5 years at high output. Apart from HZN and CVN where do you get that comfort in the midcaps? [ I really don't like what the folks at HZN pay themselves, and TAP somehow appear jinxed on the exploration front].

EL