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ASIA

MEO gets into oil

MEO Australia has bagged a 50% stake in the shallow water Block G2/48 in the Gulf of Thailand, wh...

James McGrath

It will take the 50% stake by reimbursing 50% of the costs of a 450sq.km 3D seismic survey taken in the fourth quarter last year and providing 66% of the capital for a commitment well expected to be drilled...

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