The big news in the full-year results was the acquisition of an additional 50% stake in the Scarborough gas field from ExxonMobil. Commercialisation of this via Woodside's Pluto LNG project will be a core focus. But the company also has capital-intensive growth options in Senegal and Australia's Browse project. Spend could increase dramatically if these all go head. The move to tap equity markets for US$2.0 billion was therefore a prudent bit of business.