Gneiss Energy Limited, a UK-based leading energy corporate finance advisory firm, has been appointed as corporate financial advisor inconnection with the preparation for, marketing and potential sale of the Contingent Payment.
It is the intention of the Board to seek to sell the Woodside Contingent Payment nearer the commencement of first production from theSangomar field in mid-2024. Whilst there can be no guarantee that a successful transaction will be completed, if there was a sale theBoard would consider returning capital to shareholders subject to the necessary shareholder approval being sought.
Still no guarantee that a capital return will occur.. just that it will be 'considered'
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