OX we don't know what Hancock paid for proven v contingent it certainly wouldn't have been par. Run a couple of scenarios where it's a 90/10 or 80/20 and numbers look totally different.
Then you have to factor in abandonment costs for Jaws, contracted gas to CSBP and Santos not comparing apples with apples that's the problem.
TPD Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held