murrippi 1, page-48

Maybe, did you see anything in the release that was different to expected based on the quarterlies?? otway is ramping up, but only recently so minimal impact on production yet, Waitsia first LNG export is good, but till 2nd stage prod is up, 1st phase too small to move the dial. WF and Cooper are old fields that continue to require constant investment (money pit...?) just to maintain or slow the production decline. Nothing of huge surprise. BPT now back in Debt but they're finally talking about curbing capex... Obvs, they've spent all their money, need to have Cashflow positive at some point. all good movements, but at 10x trailing P/E I'm not expecting rockets, similar price to WDS/STO but more upside over next 1-2 years so will hopefully keep moving in right direction. KAR much cheaper on P/E and eps growth, just not as big or diversified, but that's still my preferred pick in this space (though own KAR, BPT & WDS - so happy with all)