Strengthened financial position and commercial arrangements
• Net cash increased by $149 million in FY17; year-end available liquidity of ~$700 million.
• Net operating cash flow of $84 million generated in Q4 FY17.
• Improved oil pricing from re-negotiated sale and purchase terms with the Cooper Basin JV.
• FY18 capital expenditure guidance of $220 – 260 million, with two thirds of discretionary expenditure
targeting projects with >60% internal rate of return; multi-year capital program underway.
if you can find a better oiler than this then show me and ill buy it,
woooooooooooooooooooooooo hooooooooooooooooooooooooo
Ann: Quarterly Report for the period ended 30 June 2017, page-4
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