FAR 1.11% 44.5¢ far limited

Ann: SNE Development awards contract of FPSO for SNE Field, page-10

  1. 2,220 Posts.
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    Interesting there appears some adjustments to previous figures from Cairns last presentation in terms of wells and oil/  However, the 230mmbbls was recorded by Woodside in their 17 December 2018 press release. 

    So we appear to have modified oil and wells and so the costs are likely to come down a little also!.  Would be nice to get an understanding of where the gas fits into all of this as i note the FPSO includes for gas export ot shore. 

    Not particularly after "padding" but i would like FAR to be shouting a little louder about how good the project is, its on time, the ducks are falling inot place and FAR wuill be a annaul revenue position shortly.  Whilst fudning remains on-going a final decision is not far away. I guess teh thing that jumps out isi what is not said! but that FAR and something you will have to live with under current leadership.

    https://hotcopper.com.au/data/attachments/1450/1450543-4e470a080e1f4428c7cc2c4737c0ce5c.jpg

 
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