Hey Galileo
Throughout its presentations, NDO uses Brent as its reference to calculate revenue for example slide 13 of "ASIA UPSTREAM CONFERENCE PRESENTATION FEB 2008" (Oil Barrels)which quotes NDO pre-tax cashflow for Brent at $40, $50 & $60 (seems cheap now!)
This morning with Brent at US $116.42 and USD-AUD @ 0.9361 the net to NDO would have been $108.90 (excluding any hedging etc)
I hope this helps
Cheers
expectation, page-14
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