Wood Australia must have put out a press release today as there loads of articles about the Concept Selection Report have been published this morning, including this one -
https://www.offshore-energy.biz/sunrise-coming-up-next-on-woods-agenda-thanks-to-task-for-woodsides-gas-and-condensate-fields/
If you think about the amount of knowledge and expertise Sundagas now have of the area, especially the other prospects within our block and their potential upside, I bet AB is seriously considering sticking around for the ride. Even if we retain 10% of the PSC, with the rest being taken by Eni and Inpex for example, it would provide very solid foundations to expand and develop new areas…
You really are a spanner Santiago. I’ve never seen anyone whose ramping/deramping can spin on a sixpence overnight. Congrats for buying back in and closing your shorts, but for the sake of this board, please keep your thoughts to yourself and stop posting. All you do is put people off. If you want this share to do well, stop posting.
Surely they should just drill Somaliland and then, assuming it’s not a duster, sell it to the Chinese, Indians or Russians. All the previous fanfare about it being the jewel in the crown of our portfolio, was it all tosh? Have they changed their mind about there being oil there? I agree it’s probably a project more suited to a company more “geared up” for operating in this type of environment, but why bring it this far and then stop?
I posted an article a couple of days ago that highlighted that Bayu Undan is basically already full in terms of cO2 storage. AB said at the AGM last year that the geology at Chuditch lends itself to CO2 reinjection, which might be extremely useful to other regional players with lots of cO2 to dispose of 😉