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Tensions bubble up at Woodside's Senegal oil project, page-213

  1. 357 Posts.
    lightbulb Created with Sketch. 31
    IMO,
    Its really quite simple.
    Right at the onset of sale PC clearly stated,that COP was choosing a different sale path.
    One that had not been tested in court before.
    So,WPL went along with it.
    PC said, it's up to COP to deliver the asset to us.
    This selling the Company approach by COP forms the basis of COP'S indemnification to WPL.
    It is still there, until the risk of WPL losing the Asset has Passed.

    Kimbo79

 
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