TAP 0.00% 7.8¢ tap oil limited

Ann: Change in substantial holding, page-18

  1. 2,669 Posts.
    When Tap preempted Roc's sale to Woodside and on-sold it to some Asian crowd, BHP preemted that sale and sold it to Apache. So they cared enough then as to who their J/V partner was.

    I am quite sure BHP would rather have someone like Woodside or Chevron (who have common interests with BHP) than Northern as a joint venturer.  With Chevron as a joint venturer there could well be synergies eg processing gas through Gorgon or Wheatstone.
    Last edited by coopec: 27/01/15
 
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