Woodside want quick resolution to Senegal, page-45

from http://www.oedigital.com/component/k2/item/13004-conoco-sells-senegal-business-to-woodside

QUOTE
The deal, which would be back dated to 1 January 2016, will see Conoco paid $350 million, then $80 on completion, for 100% of the shares in ConocoPhillips Senegal, which holds a 35% working interest in a production sharing contract (PSC) with the Government of Senegal covering three offshore exploration blocks, Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore. The PSC includes the SNE and the FAN deep water oil discoveries.
Woodside earlier agreed to acquire 65% interest in the AGC Profond exploration block to the south in the Senegal-Guinea Bissau joint development zone in West Africa and earlier this year it was awarded license options in the Irish Offshore 2015 Atlantic Margin round.
Woodside CEO Peter Coleman said: “We are taking advantage of our balance sheet to acquire a world-class asset that fits well with our capabilities, offers significant future upside in exploration and line-of-sight to near-term oil production.
“We look forward to working with the Government of Senegal and joint venture participants Cairn Energy, FAR, and Petrosen, the Senegal National Oil Company, to progress the commercial development of SNE and any future discoveries."
ENDQUOTE

ConocoPhillips Senegal still holds the assets, Woodside will own ConocoPhillips Senegal

Conoco valued the Senegal Operations at $250M on its books as at May 2016.