risk? vs reward?, page-9

Adventra
Agree, any offshore development from Artemis will come under the existing Petroleum Resource Rent Tax, not the proposed super mining tax.

Interesting to see BHP/Exxon might be on the acquisition trail. Obviously they are aware that the proposed super tax doesn't apply to WA offshore, even if some posters on HC aren't.

""BHP Billiton and ExxonMobil are studying a new $US15-20 billion ($18bn-24bn) liquefied natural gas development in Western Australia for the huge offshore Scarborough and Thebe fields.

BHP petroleum chief Mike Yeager said his division had started to study oil and gas acquisitions for the first time and was ready to move quickly, in comments bound to fuel speculation BHP is eyeing a takeover of Woodside Petroleum....... ""

http://www.theaustralian.com.au/business/bhp-eyes-24bn-lng-project-in-wa/story-e6frg8zx-1225870771723