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Meridian Petroleum PLC : Onwards into 2007/2008

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vavoom2 - Tue, 02 Jan 07 :

PP you are correct in believing that at the moment MRP does have 100% of the
Delores prospect.

What you have to remember are 3 things.

1. They are looking to farm out the Delores prospect so they will not retain the 100%

2. They will need to raise money

3. Due to delays It looks like they will not now drill a well in Q1 2007


26.June.2006

''The Company has commenced active discussions with potential farm in or joint venture partners.''


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