Ann: Strategic objectives on track, page-37

I”ll quite likely be happy to take the bump we get with FID, although follow up Pavo drilling (at 20%) might be worth holding out for.

There’s enough risk in project execution that I might be happy enough for someone else to carry that risk and reap the reward that goes with it. Will see what the risks, reward and sp look like at the time, being likely to offload in stages. Not likely to hold any much beyond first oil, if even that long.

And so long as people talk of Varanus Island, not really interested in the gas, going there seems a bit of a long pipe dream to me.

EL