Willy798,

That would be a shrewd strategy...have the partners pay the bulk of discovery costs and then leverage the information obtained from testing all the way to basement on 3 wells to define the targets on MEO's wholly owned property. I like it ! Negatives are MEO's share of the additional cost to the tune of possibly $9M each for #3 & #4 (all the way to basement) plus delay of the most profitable production until after drilling, logging etc. Hope the Alberta wells are going to contribute enough cash flow to keep us afloat till then.