KAR 0.27% $1.84 karoon energy ltd

BKRHAP,On your comments of Woodside and no clear development of...

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    BKRHAP,

    On your comments of Woodside and no clear development of the Browse. Check www.smh.com.au/business and mining "Woodside to focus on Browse after Leviathian" Please note CFO Lawrie Tremaine's comments,"We have $US6bn cash and additional debt facility to spend on investment".

    "We are changing the original plan from LNG onshore plant to a floating plant. The design of this project is progressing to plan, and the marketing of LNG is in progress"

    I take out of this that Woodside have been working on the development of the Browse and the changes to their original plan and are very much currently focused on moving forward.

    Alhambra.

 
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