Perhaps shareholders need to take a good hard look at how this...

Perhaps shareholders need to take a good hard look at how this has unfolded.
Under Paul Moore the previous CEO, who put Sc55 back on track with BHP AND secured the EARS investment with Swala along with drilling Duhat 1. It seemed strange that he resigned just before the signing off of the contract to BHP for Sc55.
Otto energy then employed Gregor Mcnab EX BHP who held executive management roles including:

•Vice President External Affairs, Houston, USA where he carried accountability for all investor, media and government relations across BHP Billiton’s global Petroleum business. The role also covered all community programmes supporting all of BHP Billiton Petroleum’s exploration, development and operations phases. This role reported directly to the Chief Executive, BHP Billiton Petroleum

•General Manager Negotiations, Perth, Australia where he established and managed a team of commercial professionals covering all negotiations and contract management activities in support of BHPB Billiton Petroleum’s upstream activities throughout the Australia and Asia regions

•General Manager North West Shelf, Perth, Australia which carried accountability for all aspects of BHP Billiton’s interests in the North West Shelf, Browse and Timor Sea. During this time, he led a multi discipline team which delivered several major capital project approvals from the BHP Billiton Board. He also held the position of Chairman of the Australian LNG Ship Operating Company and directorships of various North West Shelf companies throughout this period.

His first role concerning SC55 was oversee the signing off of the terms and conditions with BHP.

It seems strange that we have seen no formal documentation informing Sc55 status on the following

1/ Have BHP informed Otto in writing of withdrawing and if no notification as yet why there is a delay.

2/ Why there is silence from our CEO on Ottos Legal rights on a contract that he signed off.

3/ Where Otto energy stands regarding SC55 AND what steps he has taken to have a plan B for Sc55.

4/ If one considers our CEO's previous roles at BHP all of the above should perhaps be straight forward as a release to the market, yet strangely enough it would seem that the DOE informs the public quite freely of what may be happening.

It may be that Our CEO has his hands legally tied on some of the above, but perhaps not all, and I for one, would expect better communication from a CEO with the above experience.

Of course some may view that perhaps this silence is questionable, or perhaps it may depend on which team one's seemingly perceived loyalties rest with.