I had $46-47 they got $51AUD - thats an improvement - they timed their sales better during the quarter or they got a higher price..
Production overall is up 5%
Capex is $209 and they've left guidance in place for 1.1b so spending must lift in the in the other 3/4's - I took the 1.1b divided by 4 and got $275m..
No idea as to cash holding? - can't calculate cash burn or break even.. no idea as to bottom line..
5% lower crude production due to natural field decline - I would tie this directly to capex not being spent..
Ann: 2016 First Quarter Activities Report-STO.AX, page-4
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