Ever since Pluto got built and no more gas discoveries were made to feed a second train, I have always thought that Scarborough would be an ideal back fill for Pluto. A second train could be built Pluto at little cost (compared to train 1). I think that this is a great move by PC and sets WPL up for options going forward. Remember that there is a forecast of a gas shortage around 2023, (7 years away). Having WPL production come on line in Aust at that time will be beneficial for WPL shareholders.
HT1
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- Ann: Woodside agrees to acquire half of BHPB's Scarborough assets,BHP-WPL.AX
Ann: Woodside agrees to acquire half of BHPB's Scarborough assets,BHP-WPL.AX, page-2
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$26.04 |
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Open | High | Low | Value | Volume |
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11 | 5692 | 26.030 |
14 | 6694 | 26.020 |
19 | 10046 | 26.010 |
54 | 37878 | 26.000 |
Price($) | Vol. | No. |
---|---|---|
26.050 | 1123 | 8 |
26.060 | 7579 | 16 |
26.070 | 4838 | 10 |
26.080 | 6264 | 15 |
26.090 | 7122 | 15 |
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