A Lesson in Long Term Investment: Woodside Keeps on Giving, page-18

Yes, I know about its history - investing in Thailand was a huge problem; not only from the perspective of sovereign risks, but the assets (oil resources) were questionable.  It was located onshore and was only producing around 5,000 barrels a day. 

Fortunately, we got rid of those assets.

That's history now.

I invested my money (large amounts) shortly after they got rid of their Thai assets.

Now, CVN's focus is solely in the NWS.   

And they hold about 22,000 sqkm of prime real estate (now). 

The Dorado discovery was the third biggest in Western Australia and the 13th largest oil discovery in the world in 2018.   

We now have $100M in the kitty.  No debt.

Oh, we also have Kerry Stokes as a shareholder: he is in the top 20.

As to my investment - it has increased nearly 4 times in value since my initial investment - was 7 times at one stage last year.  

I am free carry today and still in the top 40.