re: Ann: MEO: MEO receives regulatory approva... Given that we may have to wait a year to confirm whatever is there whats to be excited about.
The real excitement is Caterina, where on success, you can bet further drilling wont be stalled because of an inept operator.
Which leads to further questions,are we just going to get the gas turned by WPL into LNG and market it ourselves,or will we let WPL market for us.
There seems a growing trend for SPOT LNG as oppossed to longterm contracts 20-25 percent of all LNG is now sold on the spot market?
Or a mixture of the above?
As per the latest presentation pages 25 &26 my figures cues share 6TCF,yes theres plenty to be excited about.
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