Still on Laminaria / Corallina fields where it's been since day one. Woodside have sold to a mob called Northern Oil and Gas Aust (NOGA) and are in process of transition for handover but a few issues with the regulator so a drawn out process. Currently producing about 3-3.5kbbls/d so would argue uneconomic at current oil price but NOGA see upside with infield development to bump up production rate.
Private Equity, page-40
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