who will be farm-in partner?

For what is worth, did anyone pick up on the noted comment in the NXS December 1/4 Report.... page 2 (and as follows):

Crux liquids project (Nexus 85%) **
AC/P23 Permit – Browse Basin, Western Australia.

**Nexus holds an 85% interest in the liquids in AC/P23 which may be recovered via a liquids project prior to 2021 OR alternately via a COMBINED gas and liquids project in which case the 2021 end date does not apply.

Clearly this is one of the options being investigated in the current Farm-out, and obviously is Shell.
If this were to be the result of the current Process, I would expect Shell to be Operator and "provider of the FPSO + FLNG", the perfect arrangement for "us" ...to achieve short term and longer term value.

The other view is also probable as well, Shell takes-over NXS ...and develops the Wider Crux as a liquids / gas project, to their requirements ...


Regards...
SharpE