Ann: Woodside to acquire Tellurian and Driftwood LNG, page-29

Assume you are speaking or posting for yourself. Understand your point, as to the finer detail not released, perhaps commercial in confidence items, such as financing and banking as part of the acquisition. That said, most of us holders are able to comprehend the initial coverage as to the premiums paid and longer-term synergies, see excerpt below. Above all, we are fully aware of the initial market reaction, as is normal WDS significantly underperforming both the broader market benchmark (XJO), and STO, a sector peer, as at the time of posting.

Australia's Woodside Energy wants to become one of the world's largest independent producers of liquefied natural gas (LNG).

In itself this is not a bad ambition. But choosing to do so by taking over a troubled U.S. LNG project is certainly a brave way of going about it.

Woodside (WDS) said on Monday it has agreed to acquire all of Tellurian TELL.A for a total value of $1.2 billion, including a cash payment of some $900 million, or $1 per share, a premium of 75% to the U.S. company's last closing price.