I'm more interested to see what Exxon Mobil's take on this will...

I'm more interested to see what Exxon Mobil's take on this will be.
Why would they want the likes of a Woodside as a Joint Venture partner for PNG LNG?

Here's hoping they lob in a decisive bid and take the whole kit and caboodle at a more realistic price.
FN Arena also has an article about the price needing to be at least 30% premium as opposed to current 13%.

PNG has attracted the likes of TOTAL (French Major Oil Company) and Repsol (Spanish Major Oil company) and by Major they leave our little Australia minnows for dead.

All the smaller players will no doubt be taken out in time, that's always been on the cards as PNG offers enough upside for these Majors to support their multi level operations with reserves available.

If we have to go then lets go for some realistic values.