Boomerang Earnings Call Q&A

An Analyst asked on the Earnings call if Meg thought there was a scenario where this discovery wouldn't proceed to development. He started his question by saying how big AF described it to be.

She did not answer the Analyst's question about whether there's a way it doesn't get developed.

CO2 is clearly a know issue with these fields. To not answer and dodge the question by sayijg a great team is working the project sounds like reason to run.

Should we be worried we've dug ourselves into a hole we can't get out of with this biggest discovery in 25 years?

#EarningsCall #OilAndGas #Risk #Development #Leadership

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CEO would have to be an id--t to answer that question directly.

One would have to be a larger id--t to expect them to. The writing ability in this post further confirms it.

Expect layoffs once Meg is taken on a Magical PowerPoint presentation full of superlatives and conjecture…she will smell what the bp VPs are cooking and say good bye…

Given that commercial viability remains an entirely open question until appraisal drilling in 2027, and that the project shares geological similarities with the abandoned Júpiter field, it is totally reasonable to raise serious questions about whether potential volumes can overcome high subsea separation expenses.
A ‘great team’ doesn’t change the geology or petrology.

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Boomerang Earnings Call Q&A

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