CVN 3.23% 16.0¢ carnarvon energy limited

Advance Announcement, page-80

  1. 879 Posts.
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    Costs always go up, especially in this environment, but IMHO its more likely that Santos is looking at its forward capital commitments and wants to put a bit of a lid on them. They've already announced FID on Barossa, so perhaps they don't want to add 80% of the Dorado development costs on top of their already significant portfolio of debt / capital spend?
 
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