Just had a quickflik thro' the slides from ConocoPhillips about their plans for 2016, its all about budget cuts. 2016 budget is USD7.7bil. Non-core Asset sales worth US2.3bil ongoing (includes a stake in Canadian oil sands).
Slide 14 & 21 shows the areas of focus & the budget allocated to these units. (Orange color indicates Optimisation, ie value based approach to Ops etc and Senegal falls under this category).
Bar graph on slide-21 shows US800mil budget scheduled for GoM, Nova Scotia & Senegal. This roughly equates to net US180mil for Senegal out of US800mil by my estimates. Talks abt 6 wells.
Haven't read the transcript yet as the Q&A focuses more on balance sheet adjustment etc.
http://www.conocophillips.com/inves...perating Plan Deck-FINAL 12-10-15_Website.pdf
COP Conference call
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 50.0¢ | $2.305K | 4.609K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17688 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 88712 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |