re: Ann: MEO: MEO Executes binding farm-in ag... Gav I raised the exact issue re side agreement and 'villain' CUE vs 'heavy' Petrobas twice last night on MEO threads yet somehow you still interpret CUE as being the recalcitrant participant in farmin discussions, despite the obvious clout the giant Petrobas obviously wielded.
EL is correct to assert that CUE are well within their rights, contained in the existing JV agreement, to wait and see which option is best for development of a gas find if and when it happens.
Petrobas attempted to bully cue and cue told them to get stuffed, this means cue held out successfully for its rights, this is a fact despite your blinkered view and stubborn persistence to interpret it the other way around.
The fact that cue's sp has not risen much may be a golden opportunity for you to become a cue shareholder in anticipation of a large Artemis gas find and the flexibility we/cue still have to do what we want with our/cue share.
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