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Ann: Update on Remus Proposal and Woodside Sale, page-60

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    Not sure what you are banging on about with risk management for a change in the development plan. Risk management for Woodside as an Operator I can understand. That would be for being a high cost Operator and cost blowouts.

    FID/FDPs usually require unanimous JV approval, so FAR/CNE had the opportunity to reject the FPSO purchase option. Given the lifecycle of the asset, it would be the most economic solution, funding issues aside.

    Lastly, let keep positive and dare to dream that a white knight (white swan?) or finance solution comes in from left field.

 
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