Good to see a firming of expectations for SNE as it heads towards production:
1: Production firming more towards 2021.
2: FSPO towards 120,000BOPD .
3:Breakeven costs $30 bbl
4: Phase 1 looking at 400 Mmbbs ..that is 9 years at 120,000BOPD alone.
5: Phase 1 development $2.5 Bill ( approx $AU 450 Mil net to FAR at 13.7%)
6: PE result expected in the Q1 2018 , wouldn't hold breath on that but the process is obviously continuing..
Should expect a JV update at some stage on the subject...never a fast process but it continues to happen in the background while rumours abound...
Cheers Whisk
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