I ask these simple quesions
1) When Hession arrived the expectations for a deal were set and Confidentiality Agreements were in place. There
is simply no way for him to have reset the bar without a breach of those Confidentiality Agreements . To cast blame
aim the gun at the right target Phil Mulacek . He set the bar . Wayne Andrews was not privy to the deal detail negotiations.
What could he have done differently.?
2) To measure Hession performance against Phil Mulaceks lack of performance is patently absurd. Measure Hession
against his bar expectations. He promised us a good deal in a prompt fashion by a certain date and we got it. His next
promise is to settle the minority interest by Jan 31st 2014 , he never said he would announce it early. Third he has
promised us a closed deal by March 31st 2014 .
What promise has Hession made that he has not delivered on?
The management team has been replaced mostly all except Wayne, with LNG experienced plant builders.
Let them do what they did over and over again at Woodside . See the Prelude project.
Hint: Phil Mulacek is gone as are most of the other executives . Time to look forward .