Well, piddly dividend, share price below $30 for some time when it was nearly $70 a few years ago/
Gas and liquids depleting in the NWS. Huge ongoing maintenance and repair work at KGP.
And did I mention Browse Basin. Millions wasted on James Price Point. Then no we are not doing that lets go FLNG and build many so another 2 years and more coin wasted for that phase of the project, then hang on a minute, that's no longer economically viable; why don't we build a 1000km pipeline to the Gas Plant. (Good idea, that)
Not to mention the East Timor - Leste ongoing government dispute, the long run of dusters when exploration drilling for more gas for Pluto for possible second LNG Train.
There is a few others that come to mind, but the latest being the debacle with Conoco Phillips offshore of Senegal.
I know there are a lot of other projects that never kicked off, but this is enough to have shareholders dissatisfied in my opinion.
Having said all this, I do hold WPL shares so hope for a turnaround in the future.
good luck notthemama
Well, piddly dividend, share price below $30 for some time when...
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