As far as i am concerned, all of the above is a distraction.
Here's where things fall over for me as an investor.
*In March of 2023, Woodside entered a farmin agreement with Panconinental Energy.
Our agreement is that Woodside have 180 days from rcpt of final seismic.
Final rcpt of seismic was announced in March 24 quarterly.
Woodside then insisted on truncuated files which were also satisfied.
WOODSIDE then further MODIFIED the agreement by requesting 3D seismic licence enforcing that 180 days
wont start until such a time.
The rest to me is fluff.
As far as i am concerned, provided a new contract wasnt signed by PCL, Woodside are legally into their 180 days commencing March 24.
If they dont get their butts into gear and commit, their 180 days expired in september deeming the agreem
ent as lapsed.
Wonder if i am missing something
Woodside agreement March 2023
Post 3D, every update from Pancon has been extremely encouraging on potential oil, seemingly luring investors deeper and deeper into their pockets. i for one borrowed equity from my property and down signifiicantly on my investment and intend on emailing the company
(20min delay)