Woodside CEO turns up heat on Chevron, BHP over gas deals, page-13

Walking into a den with meat one is bound to attract attention. But on a serious note, it will not be easy as lead on by most here for FAR for a few reasons. if you google 'legal counsel Woodside linkedin' you have more employees in the legal department than at FAR altogether. Change Woodside to ConocoPhillips, the nunber is even greater. Say each employee is internally billed at $150-$500 an hour, depending on their status etc. A FAR loss if their working full time and billed costs thats an astronomical hit.

If FAR is successful the development won't be cheap without a free carry agreement. In JV's its not uncommon for a larger partner to intentionally drive costs high and as fast as possible. This intentionally makes it difficult for the smaller JV to finance, deplete resources (cash) quickly, negotiate on unfavourable terms i.e. higher cost recovery rates, interest, force a stressed sell downs or a quick take over at low prices as they have a depleted Cash at Bank.

Just items you have to careful with