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| Meridian Petroleum's strategy is to build a primarily US focussed oil and gas production business, with a UK corporate base for capital raising and governance. We are listed on the AIM market in London (ticker: MRP). Meridian also has potentially attractive assets in South Australia. |
| Our assets in the US have been acquired on the basis of four key criteria: |
| Low technical and reservoir risk – we regard seismic data as essential and have our own processing capability; a detailed asset history is desirable, particularly well data |
| Low cost of acquisition and exploitation – we prefer onshore assets with good access to infrastructure such as processing facilities and pipelines |
| A bias towards gas – we believe that the USA will require substantial extra supplies of gas to meet both demand (particularly for gas-fired power generation) and emission expectations in the near future. |
| A significant working interest – giving the company greater control over development plans and creating the opportunity for future partnerships on larger and more costly projects. |
| Directors and Senior Management |
| Meridian Resources (USA) Inc (a wholly owned subsidiary of Meridian Petroleum plc) |
 Ed Childers |
Director, President and Chief Operating Officer |
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