Woodside Petroleum Limited, page-124

Lol well err yes.
Seriously Szaba anyone and everyone knows the project will be delayed until arbitration is put to bed. Even WPL has come to that realisation.
WPL also said pe rights don't exist in this instance as we are buying the company, with legal advice prior to the deal.
COP said they were selling their 35% interest.....not what WPL wanted to hear......whoops!
WPL also said snooze you lose, except we have a 10 month PSC extension so we can snooze a little longer with no explanation from the operator?
WPL also said PE right exist....after about 18 months of saying they didn't
WPL said FID mid 2019 instead we don't even have an exploitation plan, 9 months late and counting, re submitted...or do we who would know WPL say nothing.....I guess its not material to them?
Ever since WPL have taken over as operator everything has wheels falling off it.
No exploitation plan approval
No exploitation plan re submission??
No FID
No finance
All down to arbitration and title uncertainty IMO.