AZA anzon australia limited

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    NXS- Desire for production to balance the existing
    appraisal and development pipeline (Longtom production late
    2008, Crux production 2010, Echuca Shoals ~2015).
    Potential synergies between Basker-Manta-Gummy and
    Longtom gas development. Financial capacity and stated
    acquisition interest following Viking participation.

    AWE-BMG may qualify as a “cornerstone”
    asset, given long gas project life, although exploration
    potential is perhaps limited. Relationship with Mitsui provides
    financial support.

    Roc-Australian exposure would balance country risk
    associated with China / Africa, and fill production gap if
    decide to divest Chinquetti.
 
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