DB,
I agree about COP.
Imo, because COP sold to WPL and Far lodged objection, this PE dispute is ring fenced under the JSA disputes clause.
ie: It is not allowed to interfere with any other part of the project from that point on.
So if Far win the ( 30% INTEREST )which is or was held inside of COP Senegal BV must return to COP,not so sure about the Shell Company though,as that is not PE able.
So COP would then have to restart the PE clock.
Not sure if they could elect not to sell again now,as they may be contractually tied up to WPL.
So imo this is the reason why COP indemnified WPL at time, on the sale for certain possible outcomes relating to WPLs purchase in 2016.
Kimbo11
Ann: Financing Update, page-280
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