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17:09
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Originally posted by Bill Gates
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Woodside prudently erred on the side of caution, going for a developed field with less risk and possibly earnings accretive for shareholders far sooner. They are in a different position to the majors who have much deeper pockets. I believe they couldn't do both at the same time. I wouldn't read too much into their departure for that reason and that reason only.....
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My inference was more along the lines of if Pel87 was showing minimum 20M barrels, 30M Barrels or 40M Barrels WDS would not have walked.
Last edited by
Hittman :
Friday, 17:10
(20min delay)