as far as cop "diluting" their exposure it is fairly common practice isn't it. reduce your risk/exposure just in case. currently i am working on chevrons gorgon project (ok not exactly apples for apples but you will get my drift) and chevron as operator only has about 47% exposure. this is all just strategic for both cop (no money) and pc (canning basin plus poseidon etc exposure). nse had no say in it whatsoever but now they have one of the best technical teams onboard and now they also have one of the biggest cashed up operators onboard. win/win for nse imo. btw the market liked it and the market never lies.
NSE Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
