The deal they signed with Shell effectively ****** them.
Mind you, wasn't it the deal signed between Ian T and Ian B (ex Shell now Nexus. His web profile puts him around the same time when the Crux deal was signed -
Mr Boserio has more than 25 years international experience in the oil and gas business focusing predominantly on exploration. He has spent the majority of his career with Shell including roles in Australia, North Sea, Middle East, India and Indonesia, and five years with Woodside as the Australia exploration manager. Mr Boserio's last position at Shell was as the Australian new business manager, prior to that he led the Shell Australia and NZ exploration team growing its gas portfolio for LNG development.)
Ian T and the NXS board got shafted cause he got outplayed by someone with more experience (Ian B and Shell board).
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The deal they signed with Shell effectively ****** them. Mind...
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