getting closer, page-37

Thats certainly my preference Stapleman. I've said it in the past, but if the asset is as good as we think it is then I want to see the company derisk themselves from it. That would mean a farm-down or partial monetisation. There are pros and cons with this approach.

At the end of the day it will come down to how the project aligns with the compant strategy. It has always been the case that the low risk suite of assets fund the exploration portfolio. As B105 may become a producing gas field, I'd want to see our commitments and exposure reduced whilst still generating nice cashflows to fund other parts of the business.

Its a case of one step at a time however. Lets see how Cua Lo-1 plays out. As my CoS are 70%+ I am very anxious to get the result I've been looking for.