if MEO gives a bigger % to Blackrock then don't they lose control of the project to Blackrock? Right now they have 5% more than other partners and retain control. I don't want to see Blackrock take control as I think it would cause MEO's sp to drop even further,,,

Right now MEO does not have enough cash to even start drilling on all the acreage they have,,,just because someone offers $1 a share doesn't mean it has to be accepted,,,look at Bear Sterns,,,offer went from $2 to $10,,,

I agree right now it appears MEO is caught between a rock and a hard place,,,I for one hope they release the material news soon as has been mentioned here numerous times,,,increase in SP,,,get some gas/oil in the pipeline,,,then do a PP if required to continue with the next 20 wells,,,

SunSeeker