Ann: Quarterly Activity and Cashflow Report to 31, page-16

re: Ann: Quarterly Activity and Cashflow Repo... When oil is around USD150 in few years time you never know... 22m column is pretty good in my books, 30MBB is good enough for production. Cornea is still an asset..

By the way who is selling, i know the directors arent selling... Going down on very low volumes...

If Artemis JV does not happen with the major oil and energy company, MEO is still obligated to drill Artemis, MOG is free carried. Artemis is a very good prospect, odds are good for a success.

Accumulate at this price...