Tensions bubble up at Woodside's Senegal oil project, page-243

Are these facts?
- COP announced they had reached agreement to sell SNE to WPL
- They provided FAR with a PE opportunity (whether valid or not)
- On day 28 FAR requested further info from COP regarding the opportunity
- COP never responded to the FAR request and the 30 day window expired
- WPL advised COP could deliver the asset in whatever form they wished (my words)
- WPL initially acknowledged the PE rights, then changed track advising they did not exist
- COP sold their holding company to WPL

It sounds to me as if the following events occurred:-
- COP advised FAR they had sold SNE to WPL and gave them a number recognising the PE rights.
- WPL acknowledged the PE rights
- FAR did not pre-empt, but requested further info which they claim was relevant to their decision
- COP later structured the sale such that their holding company was sold, rather than the asset.
- FAR saw an opportunity to claim the holding company sale differed from what they had been offered, hence the PE notice they were given was non compliant in their opinion.
- COP took the view that there was no material difference in the offerings, and proceeded with the company sale to WPL.
- In light of the above, WPL held the opinion PE rights no longer existed.