When I first read this ( and I wrote about it at the time) I stated that this could very much serve as the basis for FAR pushing the matter into arbitration because it clearly spells out the mindset of the the contracting parties... namely... they made a concerted effort to structure the deal in such way so as to avoid any pre-emptive dangers from JV partners....thus to sideline FAR... So a pretty deliberate mindset to sideline FAR from the outset. The actual kicker is the sentence .. "Before you make an acquisition....because it is one of the key risk for likelihood of closure"... So they needed to structure the sale in such way that any possible pre-emptive rights be removed from the start....hmmmm ... collusion to deny the rights of the other JV partners??? I belief so... AIMO
Tensions bubble up at Woodside's Senegal oil project, page-232
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