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MEO's catch-22

IT'S an 18c company with multi-billion dollar ambitions. But if MEO's novel gas-to-liquids plan at Tassie Shoal is to take off, it needs to either prove up gas resources in its permits or strike a deal with other project proponents in the Bonaparte Basin, including the Evans Shoal joint venture partners.

MEO's catch-22

After a drill-free year spent building its asset portfiolio, MEO plans to drill the Heron-3 well at its Heron discovery in the second quarter of next year. Already, it has struck a farm-in agreement with...

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