STO 0.45% $6.72 santos limited

Im still cautious, page-50

  1. 4,726 Posts.
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    In undertaking the impairment assessment, Santos used the following future oil price estimates: US$55/bbl in 2015, US$70/bbl in 2016, US$80/bbl in 2017, US$90/bbl in 2018 and US$90/bbl (2014 real) long-term from 1 January 2019, at a future assumed A$/US$ exchange rate of 0.80 in all years.


    US$15/bbl in all years Up to 3,400


    all you have to check is the forward oil curve ......

    I rekon it will be >4.0Bn ...plus "whatever" the onerous contractuial provision is for STO supply (Horizon) into GLNG .......

    rgds
    V_H
 
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