re: Ann: MEO: MEO Executes binding farm-in ag... etherazer,Yes I...

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

Yes I have felt some frustration as we have all known for some time that CUE had issues requiring resolution which has increased the delay.

You may be well be correct that CUE have sucessfully "held out" Petrobras, to retain your flexibility. Alternatively CUE may have ended up "left out" of the LNG development agreement, and may have to pay a higher price to have your rightful 15% of any gas processed if you decide that is the best option at a later date.

I have posted here today because I am interested in the response from CUE holders to these developments, and have a curious interest in what CUE's management will release.
Now that we finally have a starting point I wish nothing but good luck for holders of all parties involved. If Artemis is fruitful we will all benefit.