Email from FAR

Dear all, please see below a paraphased email response from FAR to a few questions I sent to Angelique. Angelique replied quickly and succinctly so many thanks to her:


FAR will release an ASX ann once the Development plan is lodged by Cairn. There is likely to be some details and main points included in the ASX ann.

WPL are due to take over Operatorship in the 4th Quarter of 2018, there is no exact date set.

There has been no change in the COS for Samo. I mentioned that 50% was now being used as opposed to the RISC 55% - this 55% has just been rounded down for simplicity.

An ASX announcement may not occur when TOR is finally finalised. Many factors have delayed this process and these factors need to run their course. (Read into that what you will)

WPL are the owner of the Company that is subject to the arbitration case which means Woodside is the defendant to the arbitration. (FAR's words have been paraphased, they are not my interpretation of FAR's words)