Ann: Dorado Project Update, page-21

With respect, they will do their due diligence. Second hand FPSOs, or secondhand tankers repurposed for FPSOs, have been an industry staple for many, many years and isn't a risk I'd be overly concerned with if done correctly. It would need to go into a shipyard for upgrade and modification work in any case, it's not a matter of just towing it from one field to another and commissioning it. The Northern Endeavour was built from scratch for Woodside and only became a disaster because it wasn't properly maintained over many, many years, and was then flogged off as a producing asset to a company who couldn't afford to do the work it needed. Very different scenario.