FAR 3.13% 46.5¢ far limited

Ann: Response to Woodside Senegal Announcement, page-6

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  1. 6,784 Posts.
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    No, no, no. Too early yet. The Senegalese need to respond now. Its a big hand of poker and you can't start twitching your cheek or stuttering. Sit tight, bat the statements back to them and let the trickle of sweat down PC's back turn into a torrent. I still think the best outcome for all is for WPL to sweetheart FAR out on some equity in The Gambia leases, I think it will be the same reservoir in any event. PE may cost WPL some $$ and maybe a few points of equity if it works out but its still a piece of a much bigger pie. The other question is, what will the Senegalese want on their side of the deal?
 
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47.0¢ 2400 1
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