Somer's July Equity Research report posted on Horizon's internet site says:
"Recent sales contracts have been struck +$7/GJ with a move away from liquids linkage."
and wrt to AWE
" the re-contracting of AWE’s BassGas and Otway sales contracts from 2018 will likely attract a +$2/GJ increase in pricing and hence underpin a significant increase in earnings. "
Source: http://horizonoil.com.au/wp-content/uploads/2014/01/Oil-Gas-Outlook_Somers_July-2016.pdf
Regards
SP
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