I emailed Woodside to ask them what the the difference between their economic interest and commercial interest represented. Their answer below;
The net economic interest estimate of approximately ~150 MMbbl assumes Petrosen increases its participating interest to 18% at declaration of commerciality. The ultimate net economic interest to Woodside is highly dependent on realised oil prices, Government participation rights, Government share of profits and royalties in the Production Sharing Contract and the outcome of future commercial arrangements.
I hope this helps clarify. Please do not hesitate to contact us if you have any further questions.
I emailed Woodside to ask them what the the difference between...
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