Ann: Quarterly Activity and Cashflow Report to 31, page-18

re: Ann: Quarterly Activity and Cashflow Repo... You really need a bull market to be holding MOG (or any spec)while they are so low on cash with no confirmed drilling.

Judith and Cornea might attract some interest one day I suppose..

Best outcome for current holders would be if MEO can in fact secure a rig slot for 2H 2010 to drill Artemis
I note from a bit of googling that most rigs in the region are currently in use with the likes of Shell and Total putting their hands up for additional slots.

Not saying MEO wont get a rig this year, but it looks a bit tight.