I thought it was obvious why Woodside tanked post acquisition.
There significant cost to develop the reserve
they haven’t even finalised Scarborough and now they are onto the next
a little ambitious, no?
hopefully they are just buying the rights and plan to develop this donkey when they get cashflow coming from Scarborough and Sangormar
Ann: Woodside to acquire Tellurian and Driftwood LNG, page-117
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