MOG 0.00% 0.5¢ moby oil & gas ltd

mog - all good so far...., page-2

  1. 54 Posts.
    I found this article on MEO and the Artemis Project. Looks like it originally came from the AFR:

    MEO Australia expected to shortly announce partner for Artemis prospect report

    Main body : MEO Australia, the Australian-listed oil and gas group, is expected to shortly announce its new partner for the company's Artemis prospect, the Australian Financial Review reported. The unsourced report in the paper's Street Talk column said the Artemis prospect was in the same area as the Wheatstone and Pluto projects. The paper said speculated partners included Brazil-based Petrobras and Norway-based Statoil. The article said the partner was thought to be an overseas group not currently active in the local market. MEO's market cap is AUD 177m (USD 162m).

    Target: MEO Australia
    Bidder: Statoil ASA, Petroleo Brasileiro SA [PETRLEO BRASILEIRO S/A]

    Source : Australian Financial Review
    Size : 100m - 500m (USD)
    Value : 162 m USD (market cap of MEO)
    Stake Value : N/A
    Grade : Rumoured
    Alert : Australasia M&A Intelligence
 
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