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Ann: Presentation - RIU Good Oil Conference-FAR.AX, page-7

  1. 13,389 Posts.
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    "Key take away is they have backed away from the 2022 timeline to first oil."

    They did mention FID 2018/2019 and they can't commit to long lead time items ( FPSO) untill then, so production will at least 2-3 years away from FID. Hopefully nearer 2020 but wouldn't hang my hat on it at this stage...there will be some lessons learned from Jubilee , it was quick to production but has had considerable well issues and also other production problems relating to gas flaring limitations...now rectified I believe...

    Cheers Whisky
 
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