Ramp up still underway, already at 75,000 barrels per day (US$6 million per day or US$2.2 billion per year). Nameplate is 100,000 barrels per day. Total capex was ~US$5.2 billion. So you can see that cost recovery / payback can occur quite quickly at these prices.
Remember even Australia changed the PRRT rules recently for Petroleum taxation. In the end of the day investors need to build in this uncertainty and hence the required rates of return move even higher before investment can occur.
Ramp up still underway, already at 75,000 barrels per day (US$6...
-
- There are more pages in this discussion • 4 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 WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$24.63 |
Change
-0.320(1.28%) |
Mkt cap ! $46.76B | |||
| Open | High | Low | Value | Volume |
| $24.95 | $24.97 | $24.57 | $153.8M | 6.223M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50453 | $24.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.65 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WDS (ASX) Chart |