A big meh on FAR winning from me. If WPL can get LNG contracts simular to its existing long term to underpin Scarborough, at $10 Brent they will be making ~$45/boe from LNG (2015 IBD pack), likely around $4-8/boe OPEX. breakeven hence occurs irrespective of oil price. $35 oil break even for SNE, higher opex + leased FPSO + government take less favourable than PRRT + less favourable depreciation rules makes Senegal the ugly goose in the WPL portfolio... DYOR.
- Forums
- Commodities
- WPL and FAR discussion
WPL and FAR discussion, page-4
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)