Woodside being able to fast track development mean they are the one and only player to take full advantage of the higher spot prices
put it this way, today $100 barrel = $15-20 USD long term contract price
vs your $30-$50 spot price range
I’m seriously tempting to buy back my position, this news is material and the FFS is they may be in the position to pay off Scarborough before it even starts production.
just let that idea sink in for a second….
for this reason I’m changing my sentiment back to BUY baby
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