WPL woodside petroleum limited

ET has shown no business acumen in the whole sorry Sunrise saga....

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    ET has shown no business acumen in the whole sorry Sunrise saga. They blocked the first development that WPL put forward and so lost a window of opportunity. They are a socialist / communist /corrupt government and bureaucracy that believe that they can dictate to business what to do. I sincerely hope WPL play a straight bat, present the best option and if it is rejected, walk away. Certainly with their current income stream (Bayu - Undan) nearing the end of it's life, they may be more willing to adopt WPL's proposal, than have more time delays in getting gas and money flowing.

    Either way, WPL having options in their development pipe line in always a good thing.

    HT1
 
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