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I was shot down on this forum when I suggested based on my spreadsheets WPL may have overpaid (yes I was slightly off, but not by much),

Everyone is entitled to an opinion FSM8 and who am I to say your opinion isn't more valid than Woodside's? Most of us feel that Woodside have got it wrong after all.

After all, they were over the moon at getting the asset at 2.20 a barrel. Didn't want to put FAR in its place at the time by saying go ahead minnow, PE as we paid too much anyway, drag out the arbitration proceedings up to FID to put financial pressure on all JV parties etc.

My guess is that everyone thought the statement that Woodside paid too much crazy based on the actions of Woodside to date.