Umm Apache have been all over the news previously saying they are looking to sell non-US assets including Australia due to pressure from major holders to concentrate on core US assets following their drop in profits this year. They have already divested significant assets elsewhere. It was in the news they were looking to sell their interest in Wheatstone, but no mention of Phoenix specifically. It remains to be seen if this recent discovery will change their attitude, but I suspect not given the development costs, given the reason they were pressured to divest was in order to return more to shareholders and boost the share price.
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