I remember at ExxonMobil any project had to return around 210% profit before it would be looked at by approval boards and financial controllers. They use to term it that of the over 100% return, the outlay shall not be more than 30% of the return. I would guess that Talisman would be the same. I know Exxon thought there project in PNG would be cost / profit neutral, but needed to do it for market share, however things changed drastically with partners etc and they will turn a pretty penny from there project over there.
cheers
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