WPL 0.85% $22.81 woodside petroleum ltd

Ann: Half-Year 2018 Results and Briefing Pack, page-65

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 531 Posts.
    lightbulb Created with Sketch. 86
    It's not a reason to overpay... If loosing SNE was a major risk they could easily have as an example told COP to reissue PE notices and bought Quadrant for example.
    If you bought FAR for 750M US + spend to date + purchase price of COP share, you are approaching $1.4B with another $1.5B CAPEX.
    Quadrent would have been similar reserves, cheaper, instant cashflow higher production rates etc. Buying FAR would not be the best use of capital. There is a global market for M&A, Australia is tiny in O&G terms, I really can't see a reason WPL should get twisted off on FAR or one project in particular.
 
watchlist Created with Sketch. Add WPL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.