drilling results....good or bad, page-30

I would like to hear some opinions on how come Chevron has managed to find an odd 40 Billion to invest on the Gorgon Project and Woodside over 10 Billion for the Pluto Project. All offshore resource projects have been subject to a similar tax 40% resource tax.

The Government has done their sums, the mining industry will not shut up shop, and will continue to operating under reduced, but still attractive margins. PH UG will be a good litmus test, but IMO it will get approved by the board in June