MEO's coffers receive $39.5M boost

BRAZILIAN giant Petrobras has paid the $US39 million ($A39.5 million) cash consideration for its 50% farm-in to WA-360-P, in Western Australia's Carnarvon Basin.

MEO's coffers receive $39.5M boost
MEO's coffers receive $39.5M boost
MEO's coffers receive $39.5M boost
MEO's coffers receive $39.5M boost
MEO's coffers receive $39.5M boost

The consideration includes $US7.5 million of seismic-related back costs together with the first $US31.5 million cash bonus.

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