Hey Shrewd Crude,I totally agree,Cue upon farmout to MEO struck...

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  1. 904 Posts.
    Hey Shrewd Crude,

    I totally agree,Cue upon farmout to MEO struck a legally binding agreement with MEO and other JVP.This would have certainly IMO have included Cues rights to do what it wanted with its 15% share of the "possible" Artemis gas.Farmout to MEO concluded in Cues eyes!!A couple of years later MEO brings its PF back to Cue and other JVP with PFs new terms, ie: "new side aggeements" these would almost IMO erode Cues 15% even further.It is totally up to MEO to put that right,and to try and restore Cues full entitlements as per first FO agreement.Also remember Cue had already promised MEO another 5% of Artemis as part of the first FO.I feel what is going on now, is just normal business and its soley between MEO and CUE.
    A bit of "ARGEY BARGEY"
    lets hope it gets resolved soon for everyones sanity and serenity.
 
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