WPL should look at offsetting the low oil price by ramping up flow from Vincent oilfield.
They got a good life of ~8 yrs out of Stybarrow Oilfield and apprx 16.5 yrs from Corallina-Laminaria which is on the market.
Their Balnaves oilfield acquisition from Apache has a 3-4 year life, after which they will have to ramp up oil production from other assets/fields, ie Laverda etc &/or make acquisitions in the current low oil environment. Hope their Skippy Rock-1 comes up with something in WA-472P.
News: WPL Woodside Petroleum posts Q4 production of 24.9 mmboe versus 23.4 mmboe last year, page-9
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