This is not the article I wanted but it is relevant to whether they spin off the asset with an IPO
Oil find a boon for Apache spin-off
- Paul Garvey - The Australian
- 19 Aug, 1:24 AM
A new oil discovery hailed as the biggest find in Australia for more than 30 years could have significant ramifications for Apache’s plans to spin off or sell its local assets.
http://www.businessspectator.com.au/news/2014/8/19/mergers-acquisitions/oil-find-boon-apache-spin
I don't know how that would affect the other J/Vs preemptive rights.
