I wonder if Woodside will give its overseas tenements greater priority after the court decision to halt the 3D seismic testing for the Scarborough development after an Indigenous woman claimed that she had not been consulted before the permit had been granted and that she had an affiliation with the marine animals and that the development had climate implications.
:The Federal Court has thrown out Woodside Energy's approval to conduct seismic blasting for its Scarborough Gas Project, after a legal challenge by Traditional Custodian Raelene Cooper. This means Woodside no longer has an approval to conduct the seismic blasting.2 days ago
I cannot comment on the veracity of the case but these court decisions are becoming more prevalent and IMHO must have an impact on the decision making of company executives. I therefore think that if our Saturn 3D seismic shows the potential of anything like forcast, that WDS will prioritise it's development.
PCL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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